Deal collapse hits RBS shares

Bailed-out UK bank Royal Bank of Scotland saw its shares come under pressure today as investors weighed up the impact of its collapsed £1.65bn (€2bn) branch sale with Santander.

Deal collapse hits RBS shares
Mon, 15 Oct, 2012 - 14:46

Bailed-out UK bank Royal Bank of Scotland saw its shares come under pressure today as investors weighed up the impact of its collapsed £1.65bn (€2bn) branch sale with Santander.

The Spanish-owned bank pulled the plug on the deal, which covered 316 branches and 40 banking centres for small and medium-sized businesses, on Friday evening.

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