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Banks' Massive Debt Splurge Brings Its Own Set of Dangers

(Bloomberg) As European and British banks race to repay giant Covid-era loans, they’re having to lean ever more heavily on selling new debt to cover the cost. That flood of supply brings its own dangers.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionJapan Steps Closer to Intervention as Yen Hits Lowest Since 1990Vi

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Virgin Money UK (VMUK) Says More Cuts to Come After Eliminating 150 Jobs

Virgin Money UK (VMUK) Says More Cuts to Come After Eliminating 150 Jobs
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Reliable UK Mortgage Payers Deliver Juiciest Debt Returns Since 2009

Reliable UK Mortgage Payers Deliver Juiciest Debt Returns Since 2009
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FTSE 100, Pound, Gilts, BOE Coverage: Markets Today

FTSE 100, Pound, Gilts, BOE Coverage: Markets Today
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Virgin Money Unveils £150 Million Buyback as Margins Improve

Virgin Money Unveils £150 Million Buyback as Margins Improve
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