RBS Asian sale progresses

ANZ may have narrowed its plans to buy RBS assets in Asia, and is in talks to buy RBS units in Hong Kong, Taiwan, Singapore, Vietnam and Indonesia, Bloomberg reported.

Dow Jones separately reported that ANZ was "in advanced talks to sell its retail and commercial banking operations in five Asian markets", and listed the same five countries.

This may leave RBS businesses in other markets to other buyers, including Standard Chartered who, according to Reuters, are back in the hunt. Standard Chartered is negotiating to buy RBS businesses in China and India, Reuters reported.