MegaSack DRAW - This year's winner is user - rgwb
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Topic starter
How come Europe decide that RBS has too many branches and must sell them to Santander?
Posted : 20/04/2011 7:49 am
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.
Posted : 20/04/2011 8:00 am
Yeah, it's not like Santander are already a dominant player or anything...
Posted : 20/04/2011 8:04 am
Topic starter
How come it's Santander though?
Posted : 20/04/2011 8:50 am
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.
Posted : 20/04/2011 9:04 am