Sky News: RBS to Auction Lombard Leasing Assets



Sky News reported that the Royal Bank of Scotland has enlisted KPMG to auction the offshore assets of its Lombard asset finance group in a sale expected to deliver £200 million ($265.4 million).

According to Sky News, the sale was prompted by new regulations aimed at dismantling the UK’s largest banks.

Sky News indicated that analysts expect Investec and Secure Trust Bank to show an interest in the Lombard sale.


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