China Development Bank and Japan's Sumitomo Mitsui (SMFG) are the finalists in an auction for...

|About: Sumitomo Mitsui Financial... (SMFG)|By:, SA News Editor

China Development Bank and Japan's Sumitomo Mitsui (SMFG) are the finalists in an auction for RBS's (RBS) aircraft leasing unit in a transaction that could be worth up to $7.5B, Reuters reports. With Wells Fargo (WFC) and a Macquarie (MQBKY.PK) led group dropping out, RBS could disclose the winner next week.