Sale of bank for 324m

ROYAL Bank of Scotland Group, Britain’s second-largest bank, agreed to buy the Swiss private banking unit of HVB Group for 324.5 million, its second foreign acquisition move this week.

Sale of bank for 324m
Fri, 10 Oct, 2003 - 01:00

Royal Bank of Scotland has spent more than $5 billion on purchases in the past two years.

It offered 0.877bn for Dublin-based mortgage lender First Active Plc this week.

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CourtsPlace: BritainPlace: DublinPlace: ZurichPlace: EdinburghPlace: LondonPerson: Fred GoodwinPerson: John SwiftPerson: James HamiltonOrganisation: Royal Bank of Scotland GroupOrganisation: HVB GroupOrganisation: Royal Bank of ScotlandOrganisation: First Active PlcOrganisation: Credit Suisse GroupOrganisation: ChurchillOrganisation: SIPTUOrganisation: RBoSOrganisation: First ActiveOrganisation: Ulster BankOrganisation: IBOAOrganisation: Bank von Ernst & CieOrganisation: Royal BankOrganisation: CouttsOrganisation: WestLB Panmure
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