Any acquisition would be the lender’s first major deal since its £45bn government bailout in 2008
NatWest Group is eyeing Sainsbury’s Bank for a potential takeover that could mark the lender’s first major acquisition since its bailout in 2008.
The high street lender – formerly known as Royal Bank of Scotland – has approached the grocer for more information about its banking arm, marking preliminary interest in the business, the Guardian understands.