Britain begins to offload state banks

Two British financial institutions taken into state control as a result of the crisis may soon be taken of the government's books.

Nationwide, Britain's biggest building society, completed its purchase of the Dunfermline Building Society on Wednesday after the latter's social housing loans - and housing association deposits - were passed to it from the Bank of England's wholly-owned subsidiary DBS Bridge Bank. The Dunfermline Building Society was the first bank to be seized by the British author

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