RBS In Talks To Sell Equity Derivatives Unit

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HFA Staff
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Royal Bank of Scotland RBS

The British government-owned Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) (AMS:RBS) is talking to an unnamed bidder for disposing of its equity derivatives unit, according to a report in Dealbook. According to a Bloomberg article, which quoted Structured Products Magazine, the bank is also close to clinching a deal to sell its structured retail investor products unit to BNP Paribas SA (ADR) (OTCMKTS:BNPQY) (EPA:BNP), though financial details are not yet available. RBS to focus on its lending Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) (AMS:RBS) is making good on its June promise to exit all businesses involving equity derivatives…

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