RBS closes Asian units that CIMB is not interested in

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

RBS closes Asian units that CIMB is not interested in

Royal Bank of Scotland has closed down businesses in Indonesia, Korea and Singapore, after it became clear the countries would not be included in any deal with Malaysian bank CIMB. The move left around 70 staff being made redundant.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • 4 capital markets databases
  • Daily newsletters across markets and asset classes
  • 2 weekly podcasts
Gift this article