Tag Archives: capital gain

Banco Sabadell exits UK retail banking with TSB sale to Santander and shifts focus to core Spanish market growth

(IN BRIEF) Banco Sabadell has completed the sale of its UK subsidiary TSB to Banco Santander for approximately €3.3 billion, generating a capital gain of just over €300 million and strengthening its capital position by more than 400 basis points. … Read the full press release

Wolters Kluwer to Sell FRR Unit to Regnology for €450 Million to Refocus on Core Compliance Markets

(IN BRIEF) Wolters Kluwer FCC has agreed to sell its Finance, Risk and Regulatory Reporting (FRR) unit to Regnology Group GmbH for approximately €450 million. The sale aligns with FCC’s strategy to intensify focus on U.S. banking and corporate compliance … Read the full press release