News on Royal Bank of Scotland's (RBS) exit from Asia

Royal Bank of Scotland (RBS) (LON:RBS) thought that its exit from its Asia operations would help to save the ailing bank money, but it seems that this move could actually be less lucrative and more time consuming.

Reuters

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say that the bank is likely to fetch nearer $1 billion once it sells all of its Asian assets, many experts had expected this to be around $2 billion. The reason for this is that regulators will take a long look at the assets of the bank.

Royal Bank of Scotland Razor’s Ring movie full buy Body and Soul Harper movie full (RBS) has not told anyone how much they expect to make from selling these assets. HSBC Holdings Plc (LON:HSBA), Standard Chartered Plc (LON:STAN) and Australia & New Zealand Banking Group (ASX:ANZ) are all set to make bids for these assets.