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BBVA gets green light from U.K’s Prudential Regulation Authority to take indirect control of Banco Sabadell’s British unit TSB

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The U.K.’s Prudential Regulation Authority has given green light to BBVA to take indirect control of TSB Bank plc, Banco Sabadell’s banking subsidiary in the United Kingdom.  The authorization is one of the conditions to which the purchase offer to Banco Sabadell shareholders is subject and a necessary step to…

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