Santander submits offer to buy RBS branches

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Santander submits offer to buy RBS branches

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06-18-2010, 10:52 AM

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Santander submits offer to buy RBS branches

Spanish bank giant Santander has today confirmed it has submitted an offer to buy Royal Bank of Scotland’s (RBS) Williams & Glyn’s network of branches.The deal will give Santander approximately 1,645 branches, or 12% of the market, and cement its status as the second largest mortgage loan provider.The Spanish bank already has a major UK [...]

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