Banking group beats Barclays to snare biggest acquisition since it was bailed out by taxpayers in 2008
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Banking group beats Barclays to snare biggest acquisition since it was bailed out by taxpayers in 2008
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NatWest has agreed a £2.7bn deal to buy Evelyn Partners, one of the UK’s biggest wealth managers, in the bank’s largest acquisition since it was bailed out by taxpayers in 2008.
The move signals an attempt to bolster the wealth management business for the banking group, which returned to full private ownership last year, and already owns the private bank Coutts.
Continue reading...Source: Guardian - World News
