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Deals Rumor Mill: RBS, 21st Century Fox, Snapchat

By Benjamin Horney (August 11, 2014, 5:59 PM EDT) -- The Royal Bank of Scotland Group PLC is looking into either selling Coutts & Co. or spinning off the private banking unit into a joint venture, according to an internal memorandum that was viewed by The New York Times on Monday. The move would be in-line with Edinburgh, Scotland-based RBS' plan to move away from international expansion and refocus its operations to become a smaller, more British-focused bank, the report said....

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