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Britain's NatWest bank announced Friday that it slumped into a net loss in 2020 on the fallout from the coronavirus pandemic, adding it would shut its Ulster Bank unit in Ireland. NatWest, which last year changed its name from Royal Bank of Scotland and remains majority owned by the UK government, reported an annual loss after tax of £753 million ($1.05 billion, 870 million euros), compared with a net profit of £3.13 billion in 2019. bcp/bmm
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