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...This month, the 11th circuit upheld the move by the Republican legislators in a 6-4 en-banc decision....
...It comes only weeks after BBVA snapped up Catalunya Banc, one of the last former savings banks nationalised by the government in 2012 that was still in state hands....
...Bob Diamond has deepened his bet on Africa’s banking sector, announcing on Sunday a deal to buy a controlling stake in a lender in Rwanda only days after he signed a $265m agreement to buy Botswana-based Banc...
...They set similar terms for Galicia-based NCG Banco, Catalunya Banc and Banco de Valencia....
...Argentina also made a en banc (full court) rehearing petition, with US government support, but Shearman has noted that the Second Circuit reheard “less than 3/100 of 1%” of cases en banc in 11 years....
...The nation’s unemployment level rose to the highest in more than a decade in January as the country cancels public-works projects to save money....
...“Strong optimism in August represents a big turnaround from the apocalyptic bearishness of March,” said Michael Hartnett, chief global equities strategist at Banc of America Securities-Merrill Lynch....
...Neither option is attractive to the world’s largest debtor nation.”...
...Investors received upbeat news on the economy on Friday, as the Commerce Department reported that the nation’s economy grew at a faster-than-expected pace during the second quarter....
...The company should be able to shift to higher-margin products fast enough to offset the deceleration in revenue growth, says Keith Bachman, analyst at Banc of American Securities....
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