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Royal Bank of Scotland owner NatWest Group is in talks to sell Adam & Co, one of its private banking subsidiaries. It has been reported that NatWest is working with Evercore, the investment bank, to help divest the majority of Adam & Co's operations.

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Barclays has reported a 30% drop in pre-tax profits to £3.1 billion for 2020, down from £4.3bn in 2019. The bank allocated £4.8bn to cover loans set to go bad amid the economic upheaval of COVID-19. This is slightly lower than the £5bn that financial analysts had expected Bar

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Aberdeen-based Highlandwear company McCalls has secured CBILS funding from Royal Bank of Scotland to help expand its offering as it navigates the impact of the pandemic. Established in 1887, McCalls has seven stores throughout Scotland, including its home city of Aberdeen, Elgin, Glasgow, Edinburgh,

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Businesses in Scotland are forecasting recovery in 2021, having recorded their sharpest falls in domestic sales and exports since comparable records began in 2004, a survey released by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed.

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