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RBS pays $450m for US bank.

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| October 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial News (Daily))

Royal Bank of Scotland increased its US presence Monday with the $450m ('455m) purchase of Commonwealth Bancorp.The acquisition of the Pennsylvania-based bank by the UK bank's Citizens division adds to RBS's reputation as ...

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