Sagicor Tipped To Buy RBC Jamaica - Deal Would Vault Sagicor Bank - TopicsExpress

Sagicor Tipped To Buy RBC Jamaica - Deal Would Vault Sagicor Bank To No. 3 Royal Bank of Canada is said to be cutting its losses in Jamaica and selling its banking assets to Sagicor Group Jamaica, according to different sources, one of whom said that lawyers were still poring over the final details last night ahead of the deals announcement. But the parties have studiously avoided calls for comment even as staff at RBC Jamaica have been voicing concerns about the ongoing reports and the prospects for their jobs. Read more: jamaica-gleaner/gleaner/20140129/business/business1.html

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