RBS To Seek More Time As Santander Walks

Banco Santander SA’s decision to abandon its 1.7 billion-pound ($2.7 billion) purchase of 316 Royal Bank of Scotland Group Plc branches may prompt the U.K. lender to keep them or seek more time to find a new buyer.

Pimco's Crescenzi Says Stalled-Out Dollar Is Good News
01:08 - In today's "Single Best Chart," Bloomberg's Tom Keene and Francine Lacqua display the performance of the Japanese yen going back to 2012. They speak with Anthony Crescenzi, portfolio manager at Pimco, on "Bloomberg Surveillance." (Source: Bloomberg)
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