Suitors lose interest in RBSI
The ongoing saga surrounding the future of Royal Bank of Scotland Insurance (RBSI) continued this mo...
The ongoing saga surrounding the future of Royal Bank of Scotland Insurance (RBSI) continued this month with rumours that former Norwich Union chief Patrick Snowball was eyeing the group of companies.
It was reported that Mr Snowball was in talks with private equity firms including BC Partners with a view to buy the insurance arm of the banking giant. However, Mr Snowball told Insurance Age's sister publication Post that although he was an "interested bystander", he was not in discussions with
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