Brussels, 18/10/2010 (Agence Europe) - Having established that the transaction would not significantly impede effective competition in the European Economic Area, on Friday 15 October the European Commission authorised the acquisition of a number of retail and commercial banking assets of the Royal Bank of Scotland (RBS) in the UK by Banco Santander of Spain.
These assets consist of RBS branch-related retail and small and medium sized-enterprise (SME) business in England and Wales, NatWest...