TSB announced the appointment of Nicola Bannister as Director of Enterprise Services, subject to regulatory approval, joining the bank’s Executive Committee. This follows the departure…

The Financial Conduct Authority (FCA) said it has fined TSB Bank plc £10.9 million “for failing to ensure customers who were in arrears were treated…

TSB, the UK banking business of Spain’s Sabadell, has reported a statutory profit before tax of £111.6 million for the first half of 2024, a…

TSB, the UK banking business of Spain’s Sabadell, is planning 250 job cuts and 36 branch closures. Sabadell has just turned down a takeover offer…

TSB has reported a statutory profit before tax of £237.2 million for 2023 — an increase of £53.7 million or 29.3% on 2022 – and…

NatWest Group and the government of Ireland each sold a 5% stake in Permanent TSB Group and will receive €55.2 million of gross proceeds each. The…

NatWest Group, formerly called RBS, and Ireland’s finance ministry said on Thursday they would together sell 6% of Irish bank Permanent TSB. The two shareholders…

The UK’s Prudential Regulation Authority (PRA) said it has fined Carlos Abarca, the former chief information officer (CIO) of TSB Bank plc, £81,620 over the…

TSB has reported a record statutory profit before tax of £183.5 million for 2022, up 16.5% on 2021, and said it proposes to pay Spanish…

The UK’s Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc a total of £48.6 million for operational risk…

TSB Bank plc has reported a statutory profit before tax of £102.9 million for the first half of 2022, up about 140% from £42.9 million…

TSB has announced two new appointments to its executive committee, with Cheryl McCuaig joining the bank as chief technology and digital officer and Richard Lees…

TSB announced it is launching an innovation lab called “TSB Labs” in Edinburgh with FinTech Scotland and is inviting fintech small and medium enterprises (SMEs)…

The board of TSB Bank, with the support of Spanish parent company Banco Sabadell, has announce the permanent appointment of Glasgow-based Robin Bulloch as CEO….

TSB Bank plc said on Thursday it made a statutory profit before tax for 2021 of £157.5 million compared to a pre-tax statutory loss of…

NatWest Group plc — formerly known as RBS — is set to take a 16.66% stake in Ireland’s Permanent TSB (PTSB) after the Irish bank…

TSB bank said on Friday that its chief customer officer Robin Bulloch has been appointed interim CEO following the news that Debbie Crosbie has been…

Nationwide Building Society announced on Friday it has appointed TSB bank CEO Debbie Crosbie as its next chief executive and executive director, subject to regulatory approval….

TSB announced it will close another 70 branches in 2022 as it “responds to declining branch use and increasing numbers of customers switching to digital…

(Updates with Monday statement from Co-operative Bank) Spain’s Banco Sabadell confirmed at the weekend that its board has rejected an audacious offer for its subsidiary TSB Bank…

Lloyds Banking Group plc (LBG) — owner of Scottish Widows and Bank of Scotland — announced that insurance industry veteran Nick Prettejohn will step down…

TSB Bank plc on Thursday reported a statutory first-half profit before tax of £42.9 million compared to a pre-tax loss of £65.5 million in H1…

NatWest Group plc — formerly known as RBS — said on Friday it is making progress with its phased withdrawal from the Republic of Ireland…

Banco Sabadell is open to selling TSB Bank plc at some point, according to the Spanish bank’s CEO Cesar Gonzalez-Bueno, Reuters reported. The CEO said…

Richard Meddings has announced his intention to step down as chairman of TSB Bank plc following Spanish parent firm Banco Sabadell’s decision that no sale process…

TSB Bank plc said on Monday its customer deposits soared 14% to £34.4 billion in 2020 “due to reduced customer spending and growth in business…

Spanish bank Banco Sabadell has given Goldman Sachs a mandate to sell Edinburgh-based TSB, its loss-making UK business, according to a Reuters report on Friday….

TSB said it has launched a new partnership with Aviva’s Wealthify “which will make investment opportunities directly available to TSB’s five million customers.” TSB said…

TSB bank said on Wednesday it will close 164 branches and cut 900 jobs as it “continues to implement its three-year strategy announced in November…

TSB Bank plc has told its cashiers their jobs will be phased out early next year after a big decline in customers banking at branches…

TSB Bank plc said on Friday that its customer deposits rose £2.7 billion or 9% to £32.9 billion in the first half of 2020 “primarily…

TSB bank said in its annual report that it will resume paying bonuses after it reported an annual profit in the year following its catastrophic…

TSB said on Wednesday it has selected IBM Services as its strategic partner “to accelerate the bank’s ambition to become a truly digital business with…

UPDATE 2 — TSB bank’s new CEO Debbie Crosbie on Monday outlined her three-year strategy “to restore the bank’s competitiveness through a relentless focus on…

TSB bank has been hit by yet another IT glitch just days after the firm and its Spanish parent Sabadell were mauled by law firm…

The massive IT crash at TSB bank last year was caused by moving to a new banking platform before it had been properly tested, an…

The new CEO of TSB — currently owned by Spain’s Banco Sabadell — said on Friday TSB has “begun a new chapter” as it announced…

TSB’s new CEO Debbie Crosbie has rung the changes with the appointment of two new senior executives as the bank steps up its turnaround programme…

TSB said on Thursday it has taken direct control of important parts of its IT infrastructure away from Sabis, the in-house IT provider of TSB’s…

TSB Bank announced that Debbie Crosbie, chief operating officer (COO) at Clydesdale and Yorkshire Bank owner CYBG, will join TSB as CEO in 2019. TSB…

UPDATE 3 – TSB Bank Plc said on Tuesday that its CEO Paul Pester is leaving the company after months of pressure that followed a botched…

TSB — which is owned by Spain’s Banco Sabadell — said on Monday some of its customers are having problems using its internet banking facilities, its…

TSB — owned by Spain’s Banco Sabadell — said on Friday its recent IT meltdown contributed to a statutory loss before tax of £107.4 million in…

TSB chief executive Paul Pester said on Thursday he would take control of the bank’s IT platform and bring in IBM experts to help fix…

Airdrie Savings Bank (ASB), established in 1835, has told customers and staff it will close down because “as a very small bank, we will not…

TSB chief executive Paul Pester on Thursday urged the UK Competition & Markets Authority (CMA) to use its “once in a generation” opportunity to help the challenger…

The UK’s Competition and Markets Authority (CMA) said it has cleared the anticipated £2.9 billion cash acquisition of listed bank Virgin Money UK plc by…

About 89% of listed bank Virgin Money UK shareholders have voted in favour of a £2.9 billion cash takeover by mutually-owned Nationwide Building Society. The…

Debbie Crosbie’s mutually-owned Nationwide Building Society has confirmed a proposed £2.9 billion cash deal to buy listed Virgin Money UK plc that the companies flagged two…

Debbie Crosbie’s mutually-owned Nationwide Building Society said it has reached a preliminary agreement to buy listed Virgin Money UK plc in a £2.9 billion potential cash…

Scotland’s fintech industry has seen a 24% increase in jobs to around 10,500 over the past two years as FinTech Scotland, the fintech cluster management…

Former UK finance minister and veteran Scottish Labour politician Alistair Darling has died aged 70, the Press Association reported. The long-serving MP died after spending…

Forth Green Freeport said it has appointed former banker Susan Rice as its inaugural independent chair to oversee the delivery and governance of the consortium’s…

New York-based Stellex Capital Management, a mid-market private equity firm, announced that former Abrdn global head of private equity Mark Redman has joined its senior…

Perth-based energy and networks giant SSE plc has announced the appointment of two new non-executive directors, Elish Angiolini QC and TSB Bank CEO Debbie Crosbie….

NatWest Group — formerly known as RBS — said on Friday it intends to begin a phased withdrawal for its Ulster Bank business from the Republic…

PNC Financial Services Group announced late on Monday it intends to sell its 22.4% stake in BlackRock, the world’s largest asset manager. BlackRock manages about…

Manchester-based Co-operative Bank announced on Wednesday the appointment of Donald Kerr to the new role of Managing Director, SME Banking, as part of its bid…

Shareholders of Clydesdale and Yorkshire Bank owner CYBG and shareholders of Virgin Money on Monday overwhelmingly approved the all-share deal for CYBG to take over its Newcastle-based…

Apple has hired John Giannandrea, Google’s Scottish-born chief of search and artificial intelligence, in what is being called a major coup in its bid to…

The UK government has sold $20 billion (£13 billion) of former Northern Rock mortgages and loans to US private equity firm Cerberus in the largest ever…