Trustee Savings Bank clear ground rules on ownership and accountability, neither of which was clear under former legislation. Airdrie Savings Bank refused to join the single entity, and remained the only independent such bank in the UK until it announced its closure in 2017. In 1984, TSB adopted an advertising slogan by which it is still generally remembered today: "The Bank That Likes To Say Yes". In 1986, the Central Trustee Savings Bank Limited was renamed TSB England and Wales plc and Trustee Savings Bank plc was renamed TSB Scotland plc. In 1986, the shares of TSB Group plc were floated on the
The Sakura Bank retail bank in Japan by several measures, including housing loan and investment trust sales. Sakura incurred massive bad loan write-offs in 1998 and approached one of its major corporate customers, Toyota, for financial support, which was rejected. Sakura led the consortium that established Japan Net Bank, an online bank, in 2000, and began talks with Sony to establish a second online banking operation in Japan. Sakura merged with The Sumitomo Bank on April 1, 2001, forming the Sumitomo Mitsui Banking Corporation. The merger was approved in June 2000 and combined Sakura's strong retail operation and eastern Japan presence with Sumitomo's