Santander and RBS haunted by ghost of crisis past

Royal Bank of Scotland spends £1bn battling shareholders and Spanish lender rescues rival as legacy of 2008 woes hangs over the sectorThe shadow of the 2008 financial crisis loomed over the banking sector again on Wednesday when a Spanish lender was rescued from collapse by Santander and Royal Bank of Scotland racked up a £1bn bill to end a legal battle sparked by the bailouts by UK taxpayers nearly a decade ago.
The European authorities deployed new rules for the first time to allow