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Bank Valuation - INSEAD

In the United Kingdom, one observes that one bank, Royal Bank of Scotland, is trading at below book value. This is due in part to exposure to US subprimes but also to the acquisition of part of the Dutch bank ABN-AMRO. High valuations observed in emerging new markets (Brazil, Russia) ref lect expectations about hig h growth prospe cts.

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  Bank, Royal, Scotland, Valuation, Royal bank of scotland, Bank valuation

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