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Coutts & Co. (commonly abbreviated to Coutts) is one of the UK’s private banking houses, now wholly owned by the Royal Bank of Scotland (RBS), of which HM Treasury – via the group UK Financial Investments- own 70%. RBS acquired Coutts and all of its overseas subsidiaries when it bought NatWest. On 1 January 2008, Coutts’ international businesses were renamed RBS Coutts, aligning them more closely with the parent RBS Group. Coutts offers a range of private banking services including investment and wealth management and advisory services.
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Yorkshire Bank a division of Clydesdale Bank(subsidiary of National Australia Bank) and opreates as a commercial bank in England and Wales. It mostly operates in the North of England, especially in Yorkshire.
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The personal details of thousands of football fans who bought World Cup tickets from official FIFA outlets have been stolen and sold for up to £500,000.
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Individual investors are fed up with the stock market. Burnt by 10 years of negative returns, two crashes, and a current economy mired with high unemployment and lackluster growth, many are throwing in the towel.
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After a disappointing employment report raised fresh worries about economic weakness and the risk of deflation, investors scrambled to buy relatively safe Treasury bonds. Yields, which move in the opposite direction of price, fell to historic new lows.
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