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Manchester Building Society

Manchester Building Society has sold Whiteaway Laidlaw, its Manchester-based commercial banking subsidiary with 18 staff, to the RBS Special Opportunities Fund of RBS Equity Finance.

Manchester Building Society is in negotiations to sell Whiteaway Laidlaw, the Manchester-based bank with 17 staff, to Royal Bank of Scotland for about £10m.

Manchester Building Society has acquired Whiteaway Laidlaw, the Manchester-based commercial bank with 24 staff, from Home Retail Group for £5m.