Bank of China and Japan's Mizuho Financial are among the banks eyeing parts of the Royal Bank of Scotland.
RBS is seeking buyers for its cash equities, equity capital markets and mergers and acquisition business globally, according to a source and reported by Reuters. Sources cautioned that the process was in its very early stages and would take a while to play out.
China Construction Bank, after studying the RBS auction, has decided not to take part, according to one source with direct knowledge. The source said CCB is more interesting in the corporate lending business than cash equities and the other parts being sold.
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