Banco Sabadell appears to be continuing its expansion strategy into the su vez dueño del Yorkshire Bank, following its acquisition of TSB in June. Possible further acquisitions include Clydesdale, One Savings, and William & Glyn, according to reports. Clydesdale is owned by the National Australia Bank (NAB), which is keen to get rid of it, however, it does come with a number of issues including poor loan quality and potential compensation claims. William & Glyn is a subsidiary of the Royal Bank of Scotland, which again may complicate a deal. OneSavings has said it is willing to listen to offers.
Banco Sabadell appears to be continuing its expansion strategy into the UK, following its acquisition of TSB in June. Possible further acquisitions include Clydesdale, One Savings, and William & Glyn, according to reports. Clydesdale is owned by the National Australia Bank (NAB), which is keen to get rid of it, however, it does come with a number of issues including poor loan quality and potential compensation claims. William & Glyn is a subsidiary of the Royal Bank of Scotland, which again may complicate a deal. OneSavings has said it is willing to listen to offers.