Financial Times FT.com

StanChart and ANZ in exclusive talks on RBS Asian assets

By Sundeep Tucker in Hong Kong

Published: July 1 2009 07:03 | Last updated: July 1 2009 23:32

Standard Chartered and ANZ have both entered exclusive talks to acquire separate parts of the Asian retail and commercial assets being sold by Royal Bank of Scotland.

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Both bidders were last week granted preferred bidder status for different RBS assets, in effect giving them up to 45 days to seal a deal, according to people familiar with the matter.

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