Tesco's chief executive Ken Murphy emphasized that this deal will 'unlock even greater value' for banking customers, allowing access to 'new and innovative propositions' while retaining 'the unique benefits of Tesco Clubcard.'
Barclays CEO CS Venkatakrishnan highlighted this acquisition as 'an important step in increasing our investment in the UK,' reflecting the strategic significance of the partnership.
According to Vim Maru, CEO of Barclays' UK operations, this collaboration will 'bring the strength of both businesses together,' ultimately benefiting customers and colleagues.
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