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    FINANCIAL SERVICES | Staff Reporter, Singapore
    Published: 21 Mar 12
    528 views


    RBS closes cash equities operations in Singapore

    Other Asian units affected are those in South Korea and Indonesia.

    A Bloomberg report said, “Royal Bank of Scotland Group Plc, Britain’s biggest state-owned lender, will shut some operations in South Korea, Indonesia and Singapore after failing to find a buyer for the businesses."

    About 70 people will be affected, according to the report.

    View the report here.



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