Bloomberg News

RBS May Sell Mideast Cash Equity, M&A Business, Reuters Says

January 16, 2012

Jan. 16 (Bloomberg) -- Royal Bank of Scotland Group Plc is in talks to sell its cash equity and mergers and acquisitions business in the Middle East, Reuters reported, citing people it didn’t identify.

There are about five interested buyers, the news agency reported. Tom Emmet, head of corporate finance and equity capital markets for the Middle East at RBS, will leave the post, Reuters reported.

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net


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