RSS feed
Posts Tagged ‘
Sempra commodities
’HSBC set to buy RBS Asian assets
HSBC is closing in on acquiring the remaining Asian retail and commercial assets being divested by UK lender RBS. The two sides have struck a deal for the assets in China, India and Malaysia, subject to regulatory approval in the three countries.
Royal Bank hanged, drawn and quartered
So we now have details of the businesses RBS is going to offload to please Brussels, and the revised terms for its involvement in the UK Asset Protection Scheme. Overall, the divestments appear to be very much in line with what the media had been anticipating: