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A customer enters a branch of Barclays bank in London

Of banks and intimations

Last week a number of banks issued 2010 first-half results. Northern Rock, HSBC, Standard Chartered and Lloyds all released figures showing overall profits in their operations that were good given the current market conditions in their field of activity. All, including Northern Rock, were able to demonstrate the benefits of the "universal model" of banking and senior executives from these companies, both on and off the record, were keen to emphasise their belief in the continuance of thi...
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