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BBVA gains clearance from UK bank regulator to acquire TSB in Sabadell deal

( September 3, 2024, 13:55 GMT | Official Statement) -- MLex Summary: Spanish bank BBVA said it has gained clearance from the UK’s Prudential Regulation Authority to indirectly control TSB, as part of its plan to acquire its rival Banco Sabadell. BBVA said in a statement that it has gained clearance for the broader merger from regulators in the US, France, Portugal and Morocco.Statement follows....

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