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  • RBS branch closures
  • tyger
    Free Member

    How come Europe decide that RBS has too many branches and must sell them to Santander?

    ernie_lynch
    Free Member

    I’m guessing because the British government’s bailout of the banks broke EU rules, and because the EU is the driving force behind the neo-liberal policy of privatisation and enforced competition in Europe.

    kevin1911
    Full Member

    Yeah, it’s not like Santander are already a dominant player or anything…

    tyger
    Free Member

    How come it’s Santander though?

    Hohum
    Free Member

    RBS had to put them up for sale and then Santander offered to buy them.

    As far as I know it could have been any bank but Santander came up with the best price/deal.

Viewing 5 posts - 1 through 5 (of 5 total)

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