
Barclays Finalizes £600M Acquisition of Tesco Bank
Hey FinTech Fanatic!
Barclays has wrapped up its £600M acquisition of Tesco Bank, securing high court approval on October 17th. Under a ten-year partnership, Barclays will now operate Tesco’s banking services, while Tesco retains its insurance, ATM, and travel money operations.
This deal brings 2,800 Tesco Bank employees,