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Britain seeks to avoid sale of RBS branch network

RBS has not reported a full-year profit since 2007, as legal and legacy issues have depressed its results.


THE British government said it would ask the European Commission not to require Royal Bank of Scotland to sell its Williams & Glyn branch network by the end of this year.

The lender, which is based in Edinburgh, Scotland, is required by European regulators to divest the...

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