UK asks Rothschild to advise on possible RBS break-up

Britain’s finance ministry has appointed investment bank Rothschild to advise on the potential break-up of part-nationalised Royal Bank of Scotland .

Finance Minister George Osborne said in June that Britain would examine whether to split the bank up, after acknowledging a sale of the government’s 81 per cent stake in the bank remained a long way off.

via Business feed http://www.scmp.com/business/banking-finance/article/1275140/uk-asks-rothschild-advise-possible-rbs-break