Major UK high street bank could be put up for sale

Customers at ATMs outside a branch of TSB Bank Plc (Picture: Getty)

Banco Sabadell, the company which owns TSB bank, is considering selling it off as it deals with a hostile takeover.

TSB, which used to be part of Lloyds, has around 175 branches in the UK and around five million customers.

Its Spanish parent firm is now looking at options for selling it.

The Financial Times reported that potential bidders could include Barclays, NatWest, Santander UK and HSBC.

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