Santander (STD +4%) is reportedly considering a London flotation of its U.K. operations by the...

|By:, SA News Editor

Santander (STD +4%) is reportedly considering a London flotation of its U.K. operations by the end of the year, which could raise as much as £3B ($4.5B). The bank is close to a £1.5B-1.8B purchase of a 318-branch network from RBS (RBS), and may have to raise money to retain sufficient capital levels post-purchase.