Financial services industry news - FT.com

archived 29 Apr 2016 18:05:19 UTC
6:32pm BANKS

The long saga of selling Williams & Glyn

BLACK AND WHITE ONLY File photo dated 25/02/77 of the then Williams and Glyn's bank in the Cheshire village of Prestbury, near Macclesfield, as the Church of England's investment arm is to have a stake in the running of 314 bank branches being hived off by state-backed Royal Bank of Scotland as part of a £600 million deal, under the deal, the Williams & Glyn business will return to the high street as a "challenger bank" to the major players in the industry, with a particular focus on small business banking - a sector seen as vital to the UK's recovery.
©PA

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