Daily News: January 30, 2015

RBS Said to Be Exiting Corporate Debt in Middle East

Bloomberg reported Royal Bank of Scotland Group is exiting its corporate loans and debt capital markets business in the Middle East and Africa.

According to an RBS spokeswoman’s e-mailed response to questions from Bloomberg , the move is part of CEO Ross McEwan’s decision last February to make RBS a smaller, more focused bank,

To read the entire Bloomberg article, click here.