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Analyst gives thumbs-up for Royal Bank but says HBOS vulnerable

Investors should sell their shares in HBOS but consider buying Royal Bank of Scotland, Collins Stewart analyst Alex Potter tipped yesterday amid warnings that falling prices on commercial property could have a knock-on impact on lenders' profits.

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TIM SHARP

Investors should sell their shares in HBOS but consider buying Royal Bank of Scotland, Collins Stewart analyst Alex Potter tipped yesterday amid warnings that falling prices on commercial property could have a knock-on impact on lenders' profits.