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Trading tips might help individuals capitalise on the widely-reported news, as it was revealed the international financial firm is paying a premium of £350 million more than the actual value of the assets, set at £1.3 billion.
RBS chief executive Stephen Hester commented: "This is an important milestone in our restructuring work and complements the significant momentum behind our recovery plan overall."
The move comes after the group was forced to sell assets as a result of its bail-out by the British government when it got into difficulties following the global economic crisis.
And stock market traders or non-professional speculators might see the deal as evidence of Santander's future strength, despite post-recession debate about the performance of global banking giants.
Posted by Clive Arneil
