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December 01, 2015 6:49 AM ET


Company Overview of TSB Bank plc

Company Overview

TSB Bank plc offers personal and corporate banking services. The company also provides Internet banking, credit cards, loans, mortgage, and insurance products and services. TSB Bank plc was founded in 2014 and is based in Edinburgh, United Kingdom. TSB Bank plc operates as a subsidiary of TSB Banking Group plc.

Henry Duncan House

120 George Street

Edinburgh,  EH2 4LH

United Kingdom

Founded in 2014


44 3459 758 758

Key Executives for TSB Bank plc

Head of Savings
Head of Credit Cards Business
Product Director
Compensation as of Fiscal Year 2015.

TSB Bank plc Key Developments

Sabadell Reported To Be Front Runner For UKAR’s Northern Rock Loan Book

Banco de Sabadell, S.A. (CATS:SAB) is planning to acquire £13 billion Northern Rock loan book from UK Asset Resolution Limited (UKAR). Reports in Spain stated that Sabadell is the front-runner to buy the portfolio of Northern Rock's home loans, known as Granite. UKAR engaged Credit Suisse for the potential sale in April 2015. Until the start 2015, TSB Bank plc had been out of a significant portion of the UK home-loan market for a number of years because it had no direct link to mortgage brokers. According to the news report, The Royal Bank of Scotland Group plc (LSE:RBS), Citigroup Inc. (NYSE:C), The Goldman Sachs Group, Inc. (NYSE:GS) and The Blackstone Group L.P. (NYSE:BX) have shown interest in the Granite auction. The report added that Sabadell, TSB and UKAR declined to comment.

Lloyds Seeks To Sell Stake In TSB

Lloyds Banking Group plc (LSE:LLOY) is planning to sell its remaining 50% stake in TSB Bank plc.

TSB Bank plc Names Craig Bundell as Head of Credit Cards Business

TSB Bank plc appointed Craig Bundell as head of credit cards business, effective immediately. In the new role, Bundell will report to product director, Jatin Patel, according to the UK-based banking services provider. He joins from Mastercard Inc. where he was vice president, European business.

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Recent Private Companies Transactions

November 13, 2015
£3.3 billion Former Northern Rock Mortgages and Loans

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