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Deutsche Bank 'haggis' team out to poach RBS's cashflow clients

Saturday, August 22, 2015 - 05:50
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MR CRYAN: "We have a first-rate international business in transaction banking, which will be the continued focus of investment."

London

DEUTSCHE Bank AG has unleashed its plumbers on Royal Bank of Scotland Group Plc.

Germany's biggest bank has formed a committee - known informally as the "haggis" team after the Scottish offal dish - to poach RBS's biggest customers as the Edinburgh-based lender retreats from