Advertisement
Advertisement
Sabadell
[sah-buh-del, sah-bah-thel]
noun
a city in northeastern Spain, north of Barcelona.
Sabadell
/ saβaˈðɛl /
noun
a town in NE Spain, near Barcelona: textile manufacturing. Pop: 191 057 (2003 est)
Example Sentences
The sale still has to be agreed by Sabadell's shareholders, but if TSB does change hands, it will be the second time it has been sold in a decade.
It mirrors moves by other European lenders which have sought to monetise their payments operations, including Spain's Banco Sabadell and Italy's Intesa Sanpaolo.
Two of Europe's big corporate and mortgage lenders, Sweden's SEB and Spain's Sabadell, recently unveiled strong profits for 2022 as that trend helped lending lift earnings.
The problems were triggered when TSB tried to move 1.3 billion customer records from an old system run by its former parent bank, Lloyds, to one managed by its current Spanish owner, Sabadell.
The possibility of returning to Catalonia “is not on the table,” said a Sabadell spokesperson.
Advertisement
Advertisement
Advertisement
Advertisement
Browse