The banking sector is being viewed as likely to benefit from consolidation particularly on the back ...
The banking sector is being viewed as likely to benefit from consolidation particularly on the back of the bidding activity for NatWest The banking giant is subject to a hostile takeover bid from Bank of Scotland which claims it can cut out £1bn in costs if it takes over NatWest. Fund managers are expecting a counterbid, with Royal Bank of Scotland and Barclays among the names mentioned in connection with NatWest The move by Bank of Scotland has ignited speculation over consolidation in the financials sector which some fund managers see as overdue, particularly with a spate of banking mer...
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