The UK financial services sector is bracing for a myriad of bank deals with interest growing in Metro Bank, TSB and Santander.
TSB, which is owned by a Spanish firm, is currently seeking offers for its UK banking franchise, while it has been reported that private equity firm Pollen Street Capital has made an approach for Metro Bank.
The Times reports the developments come on the heels of several high-profile mergers and acquisitions last year.
It saw Nationwide and Virgin Money merge in a deal worth almost £3billion, Coventry Building Society buy Co-op Bank for £780million, and NatWest buy the lion's share of Sainsbury's banking operations for £125million.
Barclays also struck a deal to buy Tesco Bank's credit cards, loans and savings accounts for £600million.
Now, Sabadell, which bought TSB for £1.7billion in 2017, is inviting offers for the bank, with NatWest tipped as a likely suitor.
While TSB is expected to be sold as a whole, Santander, The Times reports, is more likely to be split up and sold in divisions.
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