Banco Sabadell
Banco Sabadell is a major Spanish banking institution headquartered in Sabadell, Catalonia. Founded in 1881, it has grown to become one of the largest banks in Spain, offering a wide range of financial services, including personal and commercial banking, investment services, and insurance. Recently, Banco Sabadell made headlines by selling its UK subsidiary, TSB, to Santander UK for approximately €3.4 billion, which significantly impacted its stock performance and contributed to the rise of the Spanish stock market.
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Banco Sabadell's stock rose by 5.22% after selling its British subsidiary to Santander UK.
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