Royal Bank of Scotland hasrnsaid it might break up its Asian business after attempts to sell the operation as a single unit have failed, according to the UK's Sunday Times. Regulatory impediments have hindered the bank's attempts to sell its operations in China, India and southeast Asia as a single business. The leading contenders for the deal, HSBC, Standard Chartered and ANZ Banking Group, are said to be more interested in buying individual units rather than the whole business.rnThe European Central Bankrn(ECB) has released a record €442.2bn into the eurozone banking system in an unprecedented offer of unlimited one-year funds as part of its efforts to revive the eurozone economy by rejuvenating the financial system. The funds have been offered at the ECB's main policy rate of 1%. Demand seems to have been boosted by expectations that ECB interest rates will not fall any further.
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