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Lloyds Banking Group said it has set aside $811.7 million to cover goodwill payments to some Halifax mortgage customers, as its acquisition of lender HBOS during the financial crisis continues to cause it financial losses.
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Temasek appointed Ding Wei, the investment-banking chief at China International Capital Corp. to head its China operations.
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China Everbright Bank said it plans to sell up to 12 billion new shares ahead of a Hong Kong listing, making it the latest Chinese lender to turn to the capital markets in the face of continuing monetary-tightening drive.
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National Bank of Greece, the country's largest bank by assets, may be ready to slightly sweeten the bid in its friendly takeover of Alpha Bank, but isn't prepared to double the premium that Alpha is demanding, a senior person familiar with the matter said.
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An unusual surge in ECB overnight lending last week was connected to Ireland's effort to wind down nationalized lenders Anglo Irish Bank and Irish Nationwide Building Society.
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Banks, savings banks and thrifts that have failed since 2008.
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