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Rathbones Shares Plunge on £60 Million Hit From FCA Review (opens original article in a new tab)

TL;DR

Rathbones shares dropped following a £60 million cost announcement linked to an FCA review into customer treatment practices.

  • Rathbones Group Plc shares plunged after announcing £60 million in additional costs
  • The costs are due to a Financial Conduct Authority review of customer treatment practices
  • The company expects the costs over the next two years

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