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CCI gives green signal to Ratnakar Bank-RBS deal

Fair trade regulator CCI has approved private sector lender Ratnakar Bank' proposal to buy Royal Bank of Scotland's credit card business, mortgage portfolio and banking operation in the country,......

Ratnakar Bank to buy part of RBS' businesses in India

Kolhapur-based Ratnakar Bank on Friday said it had agreed to buy Royal Bank of Scotland’s (RBS’) business banking, credit cards and mortgage portfolios in India. The private lender did......

RBS to close 23 of 31 branches in India

Royal Bank of Scotland said it had started the process of consolidating its retail and commercial banking business in India and would close 23 of its 31 branches across the country. The process is......

YES Bank in race to acquire RBS' retail assets

Private lender YES Bank has initiated talks with Royal Bank of Scotland to acquire the latter's retail assets in India.The move comes after RBS failed to close a deal involving sale of its India......

'India is the core market for RBS'

Royal Bank of Scotland has decided to exit its retail and commercial banking operations in India by selling these businesses to Hongkong and Shanghai Banking Corporation.In an interview with......
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LONDON: Royal Bank of Scotland has invited investment banks to pitch for the role of corporate broker as the state-backed lender gears up for a... ...

http://economictimes.indiatimes.com/news/international/business/rbs-invites-pitches-for-broker-role-ahead-of-privatisation-sources/articleshow/47473620.cms
RBS may need to bulk up Williams & Glyn to improve competition

LONDON: Royal Bank of Scotland could be asked to increase the size of the Williams & Glyn business it plans to sell next year after the British... ...

http://economictimes.indiatimes.com/news/international/business/rbs-may-need-to-bulk-up-williams-glyn-to-improve-competition/articleshow/47455500.cms
In new trend, European fund firms become banks in all but name

LONDON Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt markets at Royal... ...

http://in.reuters.com/article/2015/05/27/us-funds-lending-insight-idINKBN0OC0OY20150527
First Libor rigging trial begins in Britain

LONDON: The first financial trader to face prosecution accused of rigging global benchmark interest rates went on trial in London on Tuesday,... ...

http://economictimes.indiatimes.com/news/international/business/first-libor-rigging-trial-begins-in-britain/articleshow/47430746.cms
City Moves for 26 May 2015 | Who's switching jobs

Colliers International Nathan Willmott (right) has been appointed director within the commercial real estate firm's hotel and resolution team.... ...

http://newsr.in/n/Business/7551kwjxq/City-Moves-for-26-May-2015-Who.htm

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