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...The remarks went over well with the largely American audience – but less so across the Pacific, where TPG had just sold its stake in an Indonesian bank to a Japanese bank, Sumitomo Mitsui....
...Wachovia lost 81.6 per cent of its market capitalisation, to $1.84 a share. Citigroup agreed to buy most of its assets and liabilities in a deal brokered by the Federal Deposit Insurance Corporation....
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