Tag Archives: financial transaction

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

Daimler AG and Landesbank Baden-Württemberg (LBBW) jointly used blockchain technology to execute a financial transaction

Launch of a 1 year corporate Schuldschein with a volume of €100 million as a pilot project for capital market transactions and financial processes Bodo Uebber, member of the Board of Management of Daimler AG responsible for Finance & Controlling … Read the full press release