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Bradford & Bingley was nationalised on Monday, making the buy-to-let mortgage lender the second UK bank to be taken into public ownership this year as a deepening financial crisis claims victims around the world.

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INSTANT VIEW - Reaction to Bradford & Bingley deal
Bradford & Bingley's branch network and deposit business will be sold to Spain's Banco Santander, and the remainder of the group will be nationalised.