SHARES in start-up bank NBNK were suspended yesterday, signalling that talks to buy the Clydesdale Bank from National Australia Bank are of a serious nature.
SHARES in start-up bank NBNK were suspended yesterday, signalling that talks to buy the Clydesdale Bank from National Australia Bank are of a serious nature.
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TIM SHARP
The bank is thought to be keen to take over the business ahead of a deal to buy a parcel of branches being sold by Lloyds Banking Group.
NBNK, which is headed by Lloyds of London chairman Lord Peter Levene and is listed on the junior Aim market, told investors: “NBNK was formed for the purpose of making acquisitions in order to establish a significant UK retail bank.
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