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.
RBS waves goodbye to Asia; rivals swoop in

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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