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HAMBROS FACES BREAK-UP IN REVIEW OF STRATEGY

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Hambros merchant bank could be broken up after confirming the appointment of Schroders to advise on future strategy...
Hambros merchant bank could be broken up after confirming the appointment of Schroders to advise on future strategy, The Times (p29) reports.

The review comes after pressure from institutional investors disappointed by the bank's performance. Schroders have been given a brief to look at all options for the bank, including selling off its estate agency arm and loss adjuster service.
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