RBS waves goodbye to Asia; rivals swoop in

The UK lender is no longer taking on any new international trade and cash mandates outside of the UK and Ireland.

Mar 2, 2015

The Royal Bank of Scotland has effectively washed its hands of corporate transaction banking and trade finance outside of Europe after announcing a £3.47 billion ($5.32 billion) loss in 2014, and a huge climb down in global presence.

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