Santander Refutes Report of Potential Sale of UK Arm

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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.