Sunday, 7 March 2010

You're too small so I don't love you anymore

Royal Bank of Scotland is reportedly severing ties with a number of its smaller company clients and reducing its analysis of the small cap sector in an effort to concentrate on larger, more-profitable businesses. The bank, which inherited one of the City's most respected smaller companies research teams from Hoare Govett when it bought ABN Amro in 2007, is believed to have made a decision to focus on bigger companies in the FTSE 250.

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