RBS bank bidder reveals deal CEO All three consortia fighting for the business - which will control 5pc of the SME market and have 2m retail customers and 315 branches - are now understood to have submitted final-round bids, following last Wednesday's deadline. The AnaCap/Blackstone bid is understood to focus on the pair's desire to create a "genuine challenger bank." Like that of the rival consortium led by Corsair Capital and Centerbridge, the AnaCap/Blackstone approach is believed to involve an initial investment, followed by a stock market flotation in a couple of years, crystalising value for RBS. It is known that Corsair's approach, which is being led by former United Utilities chief executive, Philip Green, would headquarter the business in Manchester if successful. The consortium's bid document is understood to focus on the creation of a "supra-regional" bank focused on the north west of England. More details of the third bid group, led by former Tesco finance director, Andrew Higginson, are expected this week when it floats on Wednesday the bid vehicle it intends to use to eventually buy the business. All sides declined to comment.