11/25/2024
Commerzbank’s management, employees and German Chancellor Olaf Scholz have voiced opposition to a takeover, but at least one big investor and some business leaders favour talks.
11/06/2024
The acquired business includes credit cards, unsecured personal loans, deposits and the operating infrastructure which, following completion of the acquisition, will continue to be operated under the ownership and management of Barclays UK.
11/01/2024
The agreement sees around 2,800 Tesco Bank employees working on banking products transferring to Barclays, from the 3,540 people currently work for Tesco’s banking wing.