RBS struggling to complete Williams & Glyn sale

19 Dec 2016

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Royal Bank of Scotland is struggling to complete its sale of Williams & Glyn by the end of the year as mandated by the European Commission, City A.M. reports.

The bank is now considering whether it can sell other assets to meet state aid rules if no buyer can be found.

In a statement, RBS said: “We continue to make progress on reaching a solution with regards to our state aid obligations.”