Market Currents

• Tuesday, August 4, 2009

• 07:20 AM Australia and New Zealand Banking Group (ANZBY.PK) agrees to buy some Asian units from Royal Bank of Scotland (RBS) for around $550M, creating a 'further stepping stone' in the bank's Asian growth strategy. Comment!

• Monday, March 2, 2009

• 07:40 AM RBS (RBS) is said to be in talks to sell its Asian retail and commercial assets to Australia and New Zealand Banking Group (ANZBY.PK) for around £1B ($1.43B). A deal would signal RBS is moving swiftly ahead with its plans to sell non-core assets. Comment!