| Home | April 2012News | Sale of RBS APAC Cash Equities, ECM and M&A |
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 Sale of RBS APAC Cash Equities, ECM and M&A- Sale of RBS APAC Cash Equities, ECM and M&A
- April 02, 2012
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The Royal Bank of Scotland Group plc ("RBS") has agreed to sell certain businesses in Asia Pacific to CIMB Group Sdn Bhd ("CIMB"). RBS continues with leading positions in debt financing, risk management and transaction services in 11 Asia Pacific markets.
On 12 January 2012, RBS announced its decision to exit its cash equities, corporate broking, equity capital markets, and mergers and acquisitions businesses as part of changes to the bank's wholesale banking operations.
RBS today announces that it has agreed to sell to CIMB its:
Cash Equities businesses in Australia (excluding the interest in RBS Morgans), China, Hong Kong, India and Taiwan; including the cash equities sales desks in the US and UK and;
Equity Capital Markets and Mergers & A...
- View more at: http://www.1888pressrelease.com/sale-of-rbs-apac-cash-equities-ecm-and-m-a-pr-386852.html
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