Royal Bank of Scotland (RBS) has received takeover bids from UK and British banks for its Williams & Glyn banking arm, which could be valued at £ 282.60 pence , as reports suggest that RBS is considering options of selling the consumer operation instead of floating it next year . LONDON (Alliance News) - Williams & Glyn has been working toward separating Royal Bank of Scotland in the summer of 2016 , with an IPO targeted by next year .
Royal Bank of Scotland (RBS) has received takeover bids from UK and British banks for its Williams & Glyn banking arm, which could be valued at £ 282.60 pence , as reports suggest that RBS is considering options of selling the consumer operation instead of floating it next year . Williams & Glyn has been working toward separating Royal Bank of Scotland in the summer of 2016 , with an IPO targeted by next year .