Tribunal rejects legal challenge to HBOS takeover
LONDON (Reuters) - Competition Appeal Tribunal said on Wednesday a legal challenge to the HBOS takeover by Lloyds has been dismissed:
* HBOS welcomes dismissal of legal challenge, says was unnecessary and unhelpful distraction.
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Credit headwind
News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows. Full Article
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