LONDON (Reuters) - Royal Bank of Scotland Group
RBS instead put forward an alternative series of measures, worth around 750 million pounds ($932.48 million), to help newer, smaller "challenger" banks and boost competition among lenders.
Analysts said that removing the obligation to dispose of Williams & Glyn could pave the way for RBS to resume paying dividends, but cautioned that the new proposals did not look too favourable for the taxpayer-backed lender.
"Overall the prospective deal looks better for the 'eligible challenger banks' than for RBS," Joseph Dickerson, analyst at Jefferies, wrote in a research note on Monday.
(Reporting by Lawrence White; editing by Jason Neely)
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