A Royal march

The Royal Bank of Scotland has been the subject of much discussion since it started a big push on its Asian derivatives business a year ago. Senior executives Brian Crowe and John McCormick talk to Asia Risk

Of all the banks boosting their derivatives businesses in Asia, one name has attracted a particularly high level of interest recently: The Royal Bank of Scotland (RBS). The firm first drew attention due to a hiring spree of talent from bigger European and US banks that started in early 2005. RBS was again in the limelight in August, when it led a consortium that bought 10% of Bank of China (BoC), of which half the stake went to RBS for $1.6 billion. That purchase, completed in December, would