American operations.
The £2.5 billion sale of the British bank's 51% stake in RBS Sempra is being renegotiated in
light of the crackdown on bank trading operations announced ... international oil-trading business.
However, the giant banking group has gone cool on buying RBS Sempra's American gas and power
division, which accounts for a large chunk ... Morgan. Victor Kremer, co-
editor of Spark Spread, the energy intelligence service, said: "Acquiring RBS Sempra's
European business would give JP Morgan the City's premier metals trading business