Category: Coutts
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Coutts Shifts £2 Billion from UK Stocks to Overseas Funds, Sparking Concerns Amidst Market Uncertainty
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Coutts Bank, the royal family’s favorite bank, has sparked controversy by diverting nearly £2 billion of client money from the London stock market to invest in overseas projects. The move by the private bank, which serves tens of thousands of wealthy clients, involves reducing allocations to UK stocks in six…