Tesco Bank to be bought by Barclays in £600m deal
Some 2,800 Tesco staff will transfer to the bank which is taking over credit cards and savings accounts.
Source: bbc.com
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Some 2,800 Tesco staff will transfer to the bank which is taking over credit cards and savings accounts.
Lender also strikes deal to buy Tesco Bank for £600m
Barclays has announced that it has agreed with Tesco to acquire the supermarket's retail banking business in a deal that will yield up to £1bn
UK retail giant offloads operations in credit cards, loans and savings to high-street lender
Barclays will buy most of the banking operations of Britain's biggest supermarket group Tesco for about £600 million ($757 million).