The Royal Bank of Scotland
On 9 March 2010, Santander sold the investment and asset management business James Hay to IFG Group for £35 million. Later in the year, it was confirmed on 4 August that Santander intended to purchase the branches of The Royal Bank of Scotland in England and Wales, and the branches of NatWest in Scotland as part of a divestment of the business by The Royal Bank of Scotland Group. The deal collapsed on 12 October 2012.