Expressions of interest lift spirits in RBS ECM
Senior managers at Royal Bank of Scotland’s equities, ECM and M&A units have been heartened by the number of expressions of interest shown by potential buyers, particularly in the Hoare Govett business that houses the UK cash equities and broking platform.
While long-term mandates may need to be handed back, RBS is likely to continue to be active in the short-term and no bankers have yet been put on notice.
"Ive been surprised by the level of interest shown," said one insider. "As well as Hoare Govett, theres also been
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