VOL. XXXV
NO. 35
1-JUNE-1992
Financial and Banking News
Regional Banking
Closure of NCB's Branch Highlights Challenge Facing all Foreign Banks inLondon
National Commercial Bank's (NCB's) decision to close its London branchhighlights the problems which foreign banks face in trying to make a profit inthe capital (MEES, 25 May). Not all foreign banks in London are making as biglosses as NCB has experienced since opening its branch in 1986, but theunderlying arithmetic of costs and income is the same....
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