| 03.11.2009 - RBS to offload commodities arm |
| From Sky.com: Some more breaking news on the Brussels-enforced disposals by our major banks: Royal Bank of Scotland (RBS) is to sell its 51pc stake in RBS-Sempra, one of the world’s largest commodities trading businesses. This will solve a potential bonus-shaped headache for RBS, which is already bracing itself for the flak that will inevitably arrive with its end-of-year plans to pay bonuses to employees in its investment banking arm............................Full Article: Source |