trending Market Intelligence /marketintelligence/en/news-insights/trending/kscC6nY-BTPdh7zozLLZzA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Santander UK eyes restructured deal for RBS' Williams & Glyn

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Report: Santander UK eyes restructured deal for RBS' Williams & Glyn

Santander UKPlc is looking into a restructured asset transfer deal to acquireRoyal Bank of Scotland GroupPlc's Williams & Glyn business, Sky News reported July 17.

A deal willinclude Williams & Glyn's more than 300 branches, approximately £24 billionin deposits and roughly 2 million clients. However, it will not require RBS tocomplete creating a separate IT banking platform for the business.

Sources told Sky that RBS and the Banco Santander SA unit are in talks about such a deal,but stressed that it was unclear whether the plan was feasible.

The deal will limit the cost of carving out a banking platform forWilliams & Glyn. RBS is said to have already spent more than £1.2 billionon the project, Sky News noted. RBS had said that the total cost of the project will likely exceedits initial £1.7 billion estimate.

RBS said inApril that it is exploring alternative means for separating Williams & Glynas the complexities of its customer and product mix made the bank's plan tocreate a cloned banking platform very challenging.

In 2012, talks to sell the business to Santander UK on IT issues connected withthe separation of the branch network.