UK bank Royal Bank of Scotland this morning confirmed it would exit cash equities, corporate broking, equity capital markets and mergers and acquisition advice. Here, Financial News profiles the businesses and asks: what next?

The UK bank this morning disclosed that these businesses had revenue of around £220m in the nine months to September 2011, and are currently unprofitable. It added that while they were in discussions with a number of potential buyers there is no assurance of a sale concluding.