I am hearing the Royal Bank of Scotland may call off the deal to sell branches to Santander - it has already been hit by delays. I understand joining up IT was a big problem.
Statements from RBS and Santander are imminent - so if this deal has not come off, what happens to those RBS branches that were up for sale?
Thousands of workers are facing mounting uncertainty over their jobs after the collapse of a proposed sale of RBS branches to Santander.
The chief executive of the RBS said it was "disappointing" that a proposed sale of 316 branches to Santander had collapsed.
Royal Bank of Scotland's deal to sell branches to Spain's Santander has collapsed, with one source saying it is "a major blow".