RBS Seeks to Sell Stake in Saudi Hollandi Bank
Posted on 11/08/2016
The Royal Bank of Scotland (RBS) is looking to sell its 40% ownership interest in Saudi Hollandi Bank. The deal could fetch RBS some US$ 1.22 billion. In late October, RBS hired Credit Suisse to handle the sale. How did RBS end up owning a sizable stake in Saudi Hollandi Bank? RBS got a hold […]