|
|
“The key result of the strategic review is that we are getting out of retail and SME banking” |
RBS is fully committed to its Asia-Pacific business and is rebuilding its coverage of the region on a tighter platform focused on corporate and investment banking, according to John McCormick, chairman for Asia-Pacific.
After recovering from what McCormick describes as a near-fatal heart attack at the end of 2008, RBS has been selling off non-core businesses globally as it seeks to return value to its rescuer and majority shareholder, the UK government.
Thanks for your interest in Euromoney!
To unlock this article:
