TSB agrees £1.7bn takeover by Spain's Sabadell

TSB - the bank formerly owned by Lloyds - has agreed to a £1.7bn takeover by Spanish bank Sabadell. The takeover of the UK bank comes less than a year after it rejoined the stock market when Lloyds Banking Group sold off 50% of the business. via Pocket http://ift.tt/1MPiZVo