Major bank to disappear from British high street after 216 years

Major bank to disappear from British high street after 216 years

Santander UK is reportedly planning to phase out the TSB name following its takeover of the business.

TSB name to vanish from Britain's high streets after two centuries as Santander absorbs lender

Britain is about to lose one of its oldest banking brands. Santander has confirmed it will retire the TSB name and fold the lender into its UK arm, drawing a line under more than two centuries of history that began with a Scottish parish savings scheme in 1810. The decision follows the Spanish giant’s £2.9bn takeover of TSB, which completed last week and instantly elevated the combined business to Britain’s third-largest bank with close to 28 mi…