Wealth and Asset Management
RBS launches sale of Coutts, invites bids before Christmas – sources
Royal Bank of Scotland Plc (RBS.L) has launched the sale of private bank Coutts International and has invited at least 10 potential suitors, including Credit Suisse (CSGN.VX), Julius Baer (BAER.VX) and Malayan Banking Bhd (MBBM.KL) to participate in an auction, sources said. The sale could fetch about $1 billion (641…
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Click here to read the full story: Reuters