RBS Will Close Its German M&A Operations, Handelsblatt Reports

May 31 (Bloomberg) -- Royal Bank of Scotland Group Plc will close down its German mergers and acquisitions division, which employs almost 20 people, to focus on its existing business with some 150 corporate clients in the country, Handelsblatt reported today, citing Ingrid Hengster, head of the German unit of RBS.

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