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NBNK Investments Plc intends to enter into a members' voluntary liquidation and cancel the trading of its ordinary shares on the London Stock Exchange's AIM market after failing to meet its goal of creating a new U.K. retail bank through an acquisition.
Founded by Lord Levene and a group of senior business figures, and initially listed in August 2010, NBNK went on to bid unsuccessfully for 632 Lloyds Banking Group Plc branches that were eventually carved...