<div>UPDATE 1-Sainsbury's Bank chairman Davis to step down</div> <!-- no image --> <div>British supermarket group Sainsbury's said on Wednesday that Roger Davis, chairman of its poorly performing banking division, will step down.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=fEOsVY_nvyo:0ozDKzgX1Z8: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=fEOsVY_nvyo:0ozDKzgX1Z8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=fEOsVY_nvyo:0ozDKzgX1Z8:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=fEOsVY_nvyo:0ozDKzgX1Z8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=fEOsVY_nvyo:0ozDKzgX1Z8:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/fEOsVY_nvyo" height="1" width="1" alt=""></div> Posted by Reuters