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RBS queries Santander branch sale collapse

13 October 2012 Last updated at 18:00 BST

Royal Bank of Scotland chief executive Stephen Hester says he is disappointed at the collapse of the sale of more than 300 branches and other business to Santander.

The Spanish bank pulled the plug on the sale on Friday, saying the already-delayed deal could not be completed by the revised deadline.

Theo Leggett reports.