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RBS To Exclude India Business From Sale To CIMB

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CIMB Group announced Thursday that The Royal Bank of Scotland (RBS) is excluding India operations from an earlier sale and purchase agreement for various Asia Pacific cash equities and associated investment banking businesses.

Goldman and JPMorgan Have New Rival

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CIMB Group Holdings Bhd. (CIMB), Southeast Asia’s top-ranked investment bank over the past three years, is taking aim at a bigger market following its acquisition of some of Royal Bank of Scotland’s operations in Asia.

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