Barclays UK Completes Previously Announced Acquisition of Tesco Bank
BCSBarclays(BCS) PYMNTS.com·2024-11-02 07:08

Barclays UK has completed its previously announced acquisition of the retail banking business of Tesco Personal Finance (Tesco Bank).Together with the completion of the acquisition, Barclays UK has entered into a 10-year exclusive strategic partnership with Tesco Stores Limited to market and distribute credit cards, unsecured personal loans and deposits using the Tesco brand and to explore other opportunities to offer financial services to Tesco customers, Barclays said in a press release.The business acqui ...