China Bank Leads Bids for RBS Aircraft Leasing Unit, Times Says

China Development Bank Corp. has made the highest bid for Royal Bank of Scotland Group Plc (RBS)’s aircraft leasing business, the Sunday Times reported, citing unidentified people close to the sale.

Wells Fargo & Co. (WFC) and Sumitomo Mitsui Financial Group Inc. (8316) are also interested in Dublin-based RBS Aviation Capital, the paper said.

To contact the reporter on this story: Nandini Sukumar in London at nsukumar@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

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