RBS (RBS) sells its aircraft leasing division to Sumitomo Mitsui Financial Group (SMFG) for...

|By:, SA News Editor

RBS (RBS) sells its aircraft leasing division to Sumitomo Mitsui Financial Group (SMFG) for $7.3B, a smidge higher than the whisper number. It's RBS's largest single disposal of assets since its 2008 bailout. RBS +4.5% in London. (SMFG statement)