Rbs Forced to Hive Off 300-Plus Branches

The JournalOctober 15, 2009

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Summary


ROYAL Bank of Scotland is looking to hive off more than 300 of its branches in England and Wales in a bid to satisfy European authorities.

The Government-backed plan focuses on 312 branches operating with the RBS name, a network which mostly serves one million small business customers.

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Extract


Rbs Forced to Hive Off 300-Plus Branches

The move comes as Neelie Kroes, EU competition commissioner, ...

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