Santander has been named world’s best retail bank (also known as ‘Global Best Bank for Consumers’) at the Euromoney Awards for Excellence, in recognition of the bank’s transformation over the past two years. Euromoney notes that Santander “has done more than any other established bank in the world” with its global integration, new digital platform, and the “reinvention of its branches” (Work Cafés). 

Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of £2.65 billion (approximately €3.1 billion) in an all-cash transaction.