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Royal Bank of Scotland (RBS) +1.7% premarket on reports that Jefferies (JEF) may bid for RBS's...

Royal Bank of Scotland (RBS) +1.7% premarket on reports that Jefferies (JEF) may bid for RBS's cash equities unit. RBS is selling Hoare Govett and its wider cash equities, equity underwriting and M&A businesses as part of a restructuring of its global banking and markets business.
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