Bradford ? Bingley main points of government's move to nationalise the bank

Highlights of a statement made by Chancellor Alistair Darling about the deal to nationlise the troubled mortgage lender. Bradford & Bingley's UK and Isle of Man retail deposit business along with its branch network has been transferred to Abbey National. This follows a competitive auction process, conducted by Morgan Stanley on behalf of HM Treasury. The remaining assets and liabilities of Bradford & Bingley -... [read full story]                    

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