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Levene calls for clarity around Co-op's failed bid for Lloyds branches

Lord Levene Lloyds

Former Lloyd's chairman Lord Levene has called on government to confirm whether it favoured the Co-operative Bank's takeover bid of 632 Lloyds Banking Group branches over one by his own vehicle, NBNK.

NBNK was set up with the purpose of establishing a new high street bank by buying up assets of established firms, and was in the running to acquire the 'Project Verde' assets being divested by the

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