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...It seems inescapable, if the deal goes through, that how Nationwide deals with the tougher decisions will reflect on the mutual sector as a whole....
...As Crosbie sets about the integration, Nationwide’s deal is the latest sign that mutuals are becoming more aggressive in their pursuit of growth....
...The mutual will pay 220p per share for the challenger bank, in a combination that the companies say will create the second-largest provider of mortgages and savings in the UK....
...From such a strong starting position, Nationwide, and indeed the whole mutual model, have a lot to lose....
...Nationwide, the country’s largest mutual, has attracted ire from campaigners and some of its members in recent weeks who argue that it should put its purchase of Virgin Money to a vote....
...the mutual in 2022....
...Coventry is the UK’s third-largest mutual lender with about 2mn members and assets of £62.5bn....
...The deal would also be a rare acquisition of a listed company by a mutual, which is owned by its more than 16mn members who have a current account, mortgage or savings with the company....
...FedEx moved most of the United States Postal Service air cargo nationwide....
...He was leaving “at his own request and by mutual consent”, the company said, adding it would name his successor “in due course”....
...member, one vote mutual organisation (“Nationwide profits jump by nearly 40 per cent on rising rates, Report, FT.com, May 19)....
...“From the prefectural government to local universities, banks and start-ups like us, there is a mutual support system that has helped us in fundraising and other stages,” he said....
...Beijing is developing nationwide rules to clarify which companies will be liable in the case of an accident....
...An EU diplomat said: “This is yet another sign that EU-UK relations have matured to a point where long-term mutual benefits prevail over short-sighted political pandering.”...
...General Motors, the world’s largest automobile maker, was losing billions....
...Nationwide releases its September and third-quarter UK house price indices. Results: James Halstead presents full-year earnings....
...Letter in response to this article: Nationwide’s giveaway is a mutual going exclusive / From Jim Stride, Sandhurst, Berkshire, UK...
...As the UK dithers about a date for banning the sale of new internal combustion engines, pushing it recently from 2030 to 2035, nationwide data, plus the experience of individual garages, point to a looming...
...If Biden sides against the union it could discourage the state’s conservative-leaning Democrats from voting, Kosnoski said, as well as depress youth turnout nationwide....
...The May launches from HSBC Asset Management will come in the same month that Vanguard loses its nationwide patent for the same structure in the US, potentially opening the floodgates to a range of imitators...
...And the 20-24 age group was the worst affected, with 480 road deaths nationwide in 2021. “Our statistics are very sad,” says the mayor. “We see thousands of accidents every day.”...
...The White House said there were currently 3mn EVs on US roads and more than 130,000 public chargers nationwide....
...“This stance allows us to engage with various nations in a manner that respects mutual interests and acknowledges the complexities of contemporary geopolitics.”...
...Lasso could dissolve congress before it votes on impeachment, taking advantage of a “mutual death” clause in the 2008 constitution that has never been used....
...Nissan’s proposal, say people close to the discussions, is that the mutual stakes be equalised at 15 per cent....
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