Mainland Dutch bank Van Gogh Management Network

Royal Bank of Scotland urgently needs to sell assets to recover cash, BOC customers should not be affected Category: Financial market Author: Luo Guan original Browse Quantity: 0 Edition: GC08 edition: Daily Wealth Bank manuscripts: Southern Metropolis Daily Summary: According to foreign sources, the source said in Wednesday, Standard Chartered Bank is in the depths of the troubled Royal Bank of Scotland ( RBS) to negotiate to acquire the latter's operations in Asian countries such as China and India. ABN AMRO has already issued more than 5-6 years of investment in its wealth management products.　　IC Supply according to foreign sources, the source said in Wednesday, Standard Chartered Bank is in the depths of the troubled Royal Bank of Scotland (RBS) negotiations to acquire the latter in China and India and other Asian countries. Royal Bank of Scotland is currently disposing of its Asian assets on a massive scale to tackle the financial crisis, while StanChart hopes to further expand its share of the Asian market by acquiring a ready-made business from RBS.　　At present, Royal Bank of Scotland currently has 13 branches in the mainland of China, all of them are Dutch bank Van Gogh's financial network. According to the source, RBS hopes to sell the entire Asian business to the same buyer at a price of more than 2 billion dollars, but the plan is not progressing well.　　At present, RBS has changed its plans to return money through the form of a split sale. RBS: Asset sales plan proceeds smoothly a spokesman for the Royal Bank of Scotland said in a 31-letter statement this week: "Our asset sales plan is progressing well." However, due to regulatory constraints and confidentiality requirements of the process, it is not convenient to comment on any individual deal negotiations until the transaction is fully completed. "RBS plans to refocus its operations on its traditional core business as a result of the huge impact of the financial crisis, and RBS plans to exit 36 countries to better cut operating costs and reduce operational risk," he said. RBS is aggressively touting its Asian commercial and retail banking business, but it will continue to keep its investment banking business in Asia.　　Royal Bank of Scotland has a 70% stake in the British government after accepting a huge infusion of capital from the British government. It is reported that RBS plans to sell Asian assets in India's 28 branches, the bank currently has 1.3 million customers in the Indian market, in addition, RBS also plans to sell 20 branches in Indonesia, and the bank is currently Indonesia's largest foreign bank; RBS will also sell 17 subsidiaries in Taiwan, and its Taiwanese client base has reached around 1 million.　　In addition, Royal Bank of Scotland currently has 13 branches in the mainland of China, all of them are Dutch bank Van Gogh's financial network. ANZ is in talks with Royal Bank of Scotland to buy the latter in Hong Kong, Taiwan, Singapore, Vietnam and India, Bloomberg reported.The retail and commercial bank assets of Tunisia; Standard Chartered is concerned about some of RBS's assets in mainland China, India and Malaysia. ABN clients should not be affected 2007 in order to acquire some of the assets of ABN, and obtain its business in China, India and Indonesia, R BS has generously spent 10 billion pounds.　　At present, Royal Bank of Scotland in mainland China's assets are mainly Dutch Bank of the 13 outlets of Van Gogh's wealth management. Analysts believe RBS was able to get about $1 billion trillion in capital inflows through the sale of the Asian assets, but that figure was much lower than the bank's previous estimate of $2 billion trillion. Currently, the three main buyers of RBS's Asian assets are ANZ, HSBC and Standard Chartered bank. But it is widely accepted that HSBC's acquisition is not understood.　　The bank's spokesman has not commented on the matter.　　As RBS's mainland agency, ABN Amro, has already issued many of its wealth-management products for up to 5-6 years, it has become a concern for investors to be assured of the benefits of its products in the process of integration. In view of this, there is analysis that, regardless of the ownership of the bank of silver changes, in the process of divestiture, the interests of customers and employees will be protected, all products will be a smooth transition to the next, the Bank of silver customers should not be affected. Shing of the Financial Research Institute of the Chinese Academy of Social Sciences has previously said that the sale of such assets will not change the original legal relationship of the product. Unless some banks are actively managing their products, they may be affected by the operation. At present, the Dutch bank launched the financial products, mainly structured financial products and foreign exchange and other products, and no active management of the products.