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NatWest racks up £300m legal bill amid money laundering fallout
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fnlondon.comNatWest has racked up a legal bill of nearly £300m as it continues to deal with the fallout from a landmark money laundering case.
Litigation and conduct costs for the third quarter were £294m, which included provisions for an anticipated fine in respect of NatWest's breaches of the UK Money Laundering Regulations 2007, the bank said in results released 29 October.
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