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BNP Paribas wins bid to acquire the multi-billion-pound structured products portfolio put up for sale by RBS

15/11/2013 by

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BNP Paribas wins bid to acquire the multi-billion-pound structured products portfolio put up for sale by Royal Bank of Scotland

Royal Bank of Scotland (RBS) has agreed to sell its multi-billion-pound structured product portfolio to BNP Paribas, according to industry sources. The decision was made by the UK bank on November 13, and will be followed by the signing of a head of terms, after which the negotiation and documentation of final terms and conditions is expected to be agreed and ratified by the first week of 2014.

This article has been extracted from www.risk.net , please click on this link to read the article in full

http://www.risk.net/structured-products/news/2307101/rbs-agrees-to-sell-gbp175bn-structured-product-portfolio-to-bnp-paribas

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