Spanish banking group draws up plans to bid for more than 300 Royal Bank of Scotland branches being rebranded as Williams & GlynSantander has emerged as a potential bidder for 307 branches being set aside up for sale by Royal Bank of Scotland,which is scrambling to comply with rules imposed by the EU after its £45bn taxpayer bailout.
In the latest chapter in the long-running saga to sell the branches, which are being rebranded Williams & Glyn, or RBS is going to auction them off while continuing to pursue a stock market flotation for the operation. Related: RBS applies for banking licence for Williams & Glyn spin-off Continue reading...
Source: theguardian.com