Asian Assets Sought

A number of banks have expressed interest in Asian assets of Royal Bank of Scotland Group.Among those interested are Standard Chartered,HSBC Holdings and Australia&New Zealand Banking Group,or ANZ.RBS is divesting commercial and retail units in eight Asian locales,such as Hong Kong,China and India.RBS has been in talks with the prospective buyers.ANZ has gone as far as to sell shares in order to raise capital to fund such purchases,among other purposes.In better times,the RBS assets might well go for a less attractive price than today.