Coutts shifts £2bn from UK shares to overseas funds, raising concerns amid market uncertainty | |
Coutts, the bank of decision for individuals from the imperial family, has pursued contention by siphoning nearly £2 billion of client assets from the London securities exchange to put resources into unfamiliar organizations. The move by the confidential bank, which serves a huge number of princely clients, will see its designation to UK partakes in six key client reserves diminished from as much as 40% to a scope of 1.9 percent to 3.5 percent, contingent upon the circumstance . reserve. | |
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