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RBS to break up Asian biz

Last Updated 21 June 2009, 15:45 IST

The Sunday Times said that the bank, had run into regulatory hurdles that had derailed efforts to package together its operations in China, India and southeast Asia into one saleable business.

It said three shortlisted bidders — A&Z Banking Group, HSBC and Standard Chartered  are interested.

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(Published 21 June 2009, 15:45 IST)

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