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- Abbey has announced it is passing on the majority of last week's 1.5% interest rate cut to new variable rate mortgage customers. The group, one of the UK's biggest mortgage lenders, has relaunched its tracker products after withdrawing them last week.
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- Nov. 7 (Bloomberg) -- DBS Group Holdings Ltd. , Singapore's biggest bank by assets, fell in local trading after it posted the steepest profit decline among the city's three lenders on increased losses on credit-market investments and bad loans.
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