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RBS’s Coutts Denies Bin Laden Link as Tax Documents Seized

Royal Bank of Scotland Group Plc’s Coutts & Co. unit denied any involvement in the financial affairs of Osama Bin Laden and his family as German officials seized documents from a ship in a tax-evasion probe.

Client records from the RBS private-banking arm are being reviewed by German authorities, a spokesman for the company said. The documents were said by German news magazine Focus to show links between the U.K. bank and the Bin Laden family.