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The Independent UK
The Independent UK
Business
Jabed Ahmed

Bumper win for top female banker as Nationwide seals £2.9bn takeover of Virgin Money

Debbie Crosbie, CEO of Nationwide, says profits generated by Virgin Money can now be used to provide value and service for customers - (PA)

Nationwide has gained £2.3 billion following its acquisition of Virgin Money, according to the firm’s half-year results.

The building society completed its £2.9bn takeover of Virgin Money in October, making it the UK’s second largest mortgage and savings provider.

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