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Three groups of nuns are leading a £3.2m lawsuit against Deutsche Bank and Morgan Stanley.
The Government will not underwrite Lloyds Banking Group's planned rights issue, potentially compounding the challenge for the partly state-owned bank to raise enough capital to wriggle free of the toxic asset insurance programme.
UK MORTGAGE BANK Bradford & Bingley may have to set aside more money to cover liabilities related to the past mis-selling of endowment policies, the firm admitted to the City yesterday.
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