--JPMorgan Chase & Co. and Lloyds Banking Group PLC have expressed interest in acquiring U.K. digital challenger lender Starling Bank, from which they would get 1.9 million customers from day one, The Times reported Saturday.

--"[Chief Executive] Anne Boden has always said she will never sell to a big bank. An initial public offering is still in our sights," a spokeswoman for Starling--which is thought to be valued at more than 1 billion pounds ($1.33 billion)--said, according to The Times.

--JPMorgan and Lloyds declined to comment, The Times added.

 

Full story: https://bit.ly/33rf15s

 

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(END) Dow Jones Newswires

November 30, 2020 06:05 ET (11:05 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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