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RBS (RBS) shares -0.85% in London following the collapse of a deal to sell 318 branches to...

RBS (RBS) shares -0.85% in London following the collapse of a deal to sell 318 branches to Santander to meet EU directives. Richard Branson's Virgin Money and P-E firm JC Flowers have reportedly emerged as front-runners to buy the outlets, although RBS may also try to persuade the EU to allow it to keep them. The bank described today how well it has progressed in meeting its EU obligations.
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