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CORRECT: RBS Seeing Margin Erosion in Cash Management, FX

(Corrects number of countries) * John Owen, head of RBS’s international business, speaks in Dubai interview * Says business can do ‘plenty’ to cut costs * Says growth predominantly in Asia and also U.S. * Bank’s presence in 38 countries is ‘appropriate’: Owen

To contact the reporters on this story: Stefania Bianchi in Dubai at sbianchi10@bloomberg.net; Arif Sharif in Dubai at asharif2@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

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