Investec is understood to be the latest financial services group considering a bid for Coutts International.
According to Sky News, Investec is understood to have hired advisers to help it consider a possible acquisition of the firm, which could be sold by the Royal Bank of Scotland (RBS) for between £500m-£650m. Investec is the latest in a series of firms interested in acquiring the international arm of Coutts, which has been put up for sale by RBS. A disposal of the business is expected to take place later this year There are believed to be 10 potential bidders for the firm including Societe Generale, BNP Paribas and Julius Baer. Meanwhile, Italian bank Intesa Sanpaolo is reportedly int...
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