<div>UPDATE 1-Britain's TSB to close 82 branches, slash costs in strategy overhaul</div> <!-- no image --> <div>* Owner Sabadell's 2015 bet on TSB soured (Adds details, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=PipeIhAsBUQ:CckXdMFBWe0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=PipeIhAsBUQ:CckXdMFBWe0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=PipeIhAsBUQ:CckXdMFBWe0:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=PipeIhAsBUQ:CckXdMFBWe0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=PipeIhAsBUQ:CckXdMFBWe0:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/PipeIhAsBUQ" height="1" width="1" alt=""></div> Posted by Reuters