A kilted Scottish person calls on me, hot foot from Edinburgh, with the message that Adam & Co is up disposal.
Officially, everyone at Coutts, Adam’s immediate parent, is keeping mum. Ultimate parent NatWest shyly declines to comment.
The apparent sale, according to our kilted friend, seems to involve folding the Adam lending book into Coutts. The rest of the business is available, at a price tag at anywhere up to £50 million.
A number of things are still...
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