ANZ has been identified as a potential buyer for Royal Bank of Scotland's Asian assets but the bank is reported to be cool on the deal.
According to a story in
The Australian, ANZ is on a short list with HSBC and Standard Chartered to buy $2.5 billion of retail and commercial banking assets spread across Asia.
The story says ANZ is worried there is too much duplication with its own network and it does not want to operate a dual brand strategy.