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Big European Banks Weigh Outsourcing Small-Business Lending -FT

DOW JONES NEWSWIRES A number of big European banks are exploring whether to outsource small-business lending to specialized loan funds, the Financial Times reported Thursday. Royal Bank of Scotland PLC (RBS.LN) and UBS AG (UBSN.VX) are among the institutions who have talked with loan funds about granting access to the big banks' corporate client bases, the FT reported, citing senior bankers. In the plans under discussion, banks would receive a fee of as much as 3% for acting as loan intermediaries, according to the report. However, the FT cautioned that the talks "have been fraught with difficulties," as the funds and banks are concerned about how the arrangement would work. Full story at www.ft.com -Dow Jones Newswires; 212-416-2900

Stock News for Royal Bank of Scotland Grp. (RBS)
DateTimeHeadline
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06/04/201510:50:14Lawmakers Seek Review of Banks' Waiver Requests
06/04/201510:38:31Lawmakers Ask Labor Secretary to 'Thoroughly Review' Waiver Requests...
05/26/201513:57:29Royal Bank of Scotland Sells Irish Real Estate Loans for GBP205...
05/20/201519:01:29ADRs End Mixed; Bank Shares Rise
05/20/201513:19:26Banks to Pay $5.6 Billion in Penalties in FX, Libor Probe...
05/20/201511:00:01Banks to Pay $5.6 Billion in Penalties in FX, Libor Probe
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