In February 2009, after unveiling the biggest UK corporate loss on record, Royal Bank of Scotland announced plans to split its business into core and non-core divisions, with the non-core assets to be sold, discontinued or run-off over a period of five years.

Despite difficult market conditions and a dearth of buyers, the part-nationalised bank has committed to offloading some £252bn (€301.2bn) of assets by 2014, covering everything from a handful of branches in the Philippines to a £50bn commercial property loan book. Here are the bankers handling the process: