Royal Bank of Scotland (RBS) and Sempra Energy (SRE) are looking to sell their...

|About: The Royal Bank of Scotl... (RBS)|By:, SA News Editor

Royal Bank of Scotland (RBS) and Sempra Energy (SRE) are looking to sell their commodities-trading business for more than $3B, sources say, and have hired Lazard (LAZ) to seek out bidders. RBS is exploring a sale after the EC ordered it to divest assets and businesses due to rescue it received from U.K. taxpayers.