11th Aug 2014 09:58
LONDON (Alliance News) - Royal Bank of Scotland Group PLC is preparing to sell the international arm of its private bank, Coutts, Reuters reported on Monday, citing a source familiar with the matter.
According to the report, RBS has attracted "a variety of offers from a range of bidders" for Coutts International. Citing its source, Reuters said that the interest for the international arm includes undisclosed Asian and North American parties.
An RBS spokesperson declined to comment to Alliance News on the Reuters report.
http://uk.reuters.com/article/2014/08/11/uk-royal-bank-scot-coutts-idUKKBN0GB0MC20140811
By Samuel Agini; [email protected]; @samuelagini
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