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Royal Bank of Scotland (RBS +4.6%) agrees to sell its Hoare Govett corporate brokerage...

Feb. 01, 2012 12:45 PM ETNatWest Group plc (NWG) StockLUK-OLD, NWGBy: Carl Surran, SA News Editor
Royal Bank of Scotland (RBS +4.6%) agrees to sell its Hoare Govett corporate brokerage operations and transfer certain other professionals to Jefferies (JEF +0.6%), which will pay a “nominal” amount in cash for the unit.

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