Sabadell eyes more UK deals after $2.5-bn TSB takeover

Spain's Banco Sabadell could look to expand further in Britain after agreeing a £1.7-billion ($2.5 billion) takeover of TSB, one of the biggest cross-border banking deals since the financial crisis of 2007-09. Sabadell, Spain's fifth-biggest bank, said it planned to grow TSB into a significant challenger to Britain's 'Big Four' lenders - Barclays, HSBA.L, Royal Bank of Scotland and Lloyds Banking Group, from which TSB was spun off last year.