04-08-2017 08:44 via theguardian.com

RBS plans move to Amsterdam for post-Brexit EU hub

Bank reports first half-year profit for three years but says it is being investigated for possible money laundering rule breachesRoyal Bank of Scotland is considering using Amsterdam as its post-Brexit EU hub and has revealed it is being investigated for potential breaches of money laundering rules. The the 71% taxpayer-owned bank made the announcements as it reported its first half-year profit for three years. The £939m profit compares with a £2bn loss a year ago, although the chief
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