苏格兰皇家银行
2.Representatives for Deutsche Bank, UBS, Barclays and RBS declined to comment before their earnings reports.
3.According to RBS, ABN AMRO would continue to be a Dutch-regulated counterparty for as long as necessary.
4.There is less certainty about the consortium bid, even if the RBS spin-doctors have ready answers for each open question.
5.RBS would be answerable to the regulator until the Dutch and other watchdogs were comfortable with the consortium members taking over their shares of the business.
6.RBS has signed exclusive tie-ups with BoC in three areas: credit cards, wealth management and corporate markets.
7.These uncertainties may not be enough in themselves to scupper a deal, but there is a risk that regulators will discriminate against the RBS offer on the grounds of complexity.
8.It is the success (or not) of these businesses that will determine whether RBS stays in China for the long term, or aborts its bold experiment and cashes in its paper gain.
9.BoC has 118m retail clients and RBS plans to target the 50,000 it has identified as high net worth individuals.
10.But the current paper gain of $3.1bn is precisely that for the time being; RBS has promised to hold the stake until at least August 2008 in return for unspecified protections from Beijing to shield its investment from losses.
