The deal, subject to regulatory approval, involves the purchase of the Monument Trust Company and Bridgewater Administration which have £1.5bn in client assets. Royal Bank senior vice-president, Michael Lagopoulos, said: 'Our growth plans call for further expansion via acquisitions and alliances in key centres in the US, UK, Europe and Asia.' No job losses are expected.
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Rolls Royce will use AI powered by Intel's Xeon Gold processors and SSDs for memory