- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
HSBC has resumed talks with Royal Bank of Scotland over the sale of the remaining retail and commercial units that the bailed out UK bank owns in Asia, sources familiar with the matter said on Thursday.
HSBC and other banks have approached RBS and its advisers about the auction after Standard Chartered's exclusive negotiations with RBS expired recently, the sources said.
RBS is selling its retail and commercial banking divisions in China, India and Malaysia, worth "a few hundred million" dollars, according to a source familiar with the matter. Previous reports put the value at $200 million.
Sources said talks with potential buyers were in early stages, since Stan Chart's exclusivity only ended within the pastweek or so.
Be the first to comment on this Story !!