Nationwide is considering a takeover bid for the 316 bank branches that have been put back up for sale by Royal Bank of Scotland. Britain's biggest building society is mulling a possible offer following the collapse of a £1.65bn deal to sell the network to Santander UK. RBS, which has to dispose of the business by the end of next year to avoid a fine from the European commission, is scrambling to resurrect the sale at a knockdown price. Virgin Money, Sir Richard Branson's ban [21 Oct '12]
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