The payments, part of the new domestic policy law, are for U.S. citizens born this year through 2028. The idea is that the money in the accounts will have many years to grow.

The £2.65bn deal still has to be agreed by the current owner Sabadell's shareholders but if it does go ahead, Santander said it "intends to integrate TSB in the Santander UK group" ...

In nine days, and after months of speculation, we should finally find out the damage that the Government wants to inflict on ...

Santander has agreed to buy TSB as part of a takeover deal worth £2.65bn. The banking giant is set to take on all of TSB’s ...

To persuade Sabadell investors, BBVA would need to promise them the same cash payout that the TSB sale now does. That would likely mean lower rewards for BBVA investors, assuming it also would ...

Santander has reached an agreement to acquire the Sabadell-owned British high street lender TSB for £2.65bn. Read more.

Santander's plan to buy TSB for 2.65 billion pounds ($3.61 billion) and boost its position in the UK came together only a few ...

Critics warn there is an "erosion of choice" for bank customers as Santander bids to take over another banking group ...

Banking specialists have expressed worries that Santander's potential acquisition of TSB could lead to further branch ...

Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S ...

Santander is set to buy rival TSB for £2.65 billion. What does it mean for customers, and could we see the TSB brand ...

Santander UK is the product of Santander's acquisition of UK mortgage lender Abbey National in 2004. It also includes the former Bradford & Bingley and Alliance & Leicester. TSB was sold by Lloyds ...