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Santander set to snap up RBS branches

Santander is poised to buy 318 Royal Bank of Scotland branches.

The Spanish banking group would add the branches to its Alliance & Leicester, Bradford & Bingley and Abbey National assets.

The European Union has forced RBS to sell the branches in the wake of the government’s multimillion-pound bailout at the height of the credit crunch.

14/06/10 Guardian 25

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