RBS continues strategic repositioning

|By:, SA News Editor

State-owned Royal Bank of Scotland (RBS) de-risks a little bit more, offloading parts of its structured retail investor products and equity derivatives businesses, as well as related market-making activities to BNP Paribas (BNPQY) for an undisclosed amount, though RBS says the price is insignificant.

Shares are off slightly in London action.