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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: FTSE rallies to close at 7870; First Republic shares plunge to new lows amid receivership fears

NatWest shares have fallen sharply despite the state-backed lender revealing first quarter profits of £1.3 billion and low default levels.

The results came as Deutsche Bank moved to expand in the UK by striking a £410 million deal to buy City firm Numis.

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