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UK's Co-op Bank agrees rescue plan

2013-06-17 13 Dailymotion

Britain's Co-operative Bank has found a way to plug a hole in its balance sheet that is the equivalent of 1.75 billion euros. <br /><br />Bond holders in the bank will have to swap them for new bonds and shares, that will be listed on the London Stock Exchange. That could mean they lose around 30 percent of the value of their investments. No account holders will lose anything. <br /><br />...<br />http://www.euronews.net/

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