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Business Video

Equity funds better off sticking with blue chips - BoE

Equity funds that stick to blue-chip shares cope best with calls from investors for their money back, a senior Bank of England official said on Thursday as fallout from the suspension of top UK fund Woodford continued.

Business News

RBS says Saudi bank merger boosts its core capital

Royal Bank of Scotland (RBS) said on Sunday the completion of a merger between Alawwal bank and Saudi British Bank would lead to RBS shedding 4.7 billion pounds of risk weighted assets and boost its core capital.