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Old 09-08-2008, 06:26 PM
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Post Nationwide to merge with two smaller building societies

Nationwide, the UK’s largest building society, is in advanced discussions concerning its potential merger with two smaller rivals, the Derbyshire Building Society and Cheshire Building Society.With the approval of the FSA, the Nationwide is to step in to support the two smaller lenders, which are under growing pressure due to the credit crunch.The Derbyshire [...]

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