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Unable to find a buyer for its M&A business, RBS is winding the unit - which raked in $426M...

  • Wednesday, January 30, 7:52 AM ET
    Unable to find a buyer for its M&A business, RBS is winding the unit - which raked in $426M in fees 6 years ago - down. The firm - mostly state-owned - a year ago abandoned plans to become a player in investment banking, and instead is focused on being the best bank it can be.
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