Santander Refutes Report of Potential Sale of UK Arm

Trading View
2025.02.14 04:28
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Banco Santander said its UK business is not for sale, Reuters reported Thursday, citing a spokesperson for the Spanish lender. The bank made the statement after London's Financial Times reported the same day that it had early-stage talks with NatWest Group in 2024 regarding the potential divestment of its retail business in the UK. The FT report cited people familiar with the matter.

Banco Santander said its UK business is not for sale, Reuters reported Thursday, citing a spokesperson for the Spanish lender.

The bank made the statement after London's Financial Times reported the same day that it had early-stage talks with NatWest Group in 2024 regarding the potential divestment of its retail business in the UK. The FT report cited people familiar with the matter.

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