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The judge temporarily suspends the marriage between NewB and VDK

Moribund ethical bank NewB will not be bailed out by VDK Bank for the time being. An interim administrator has been appointed to NewB by order of the Brussels company court. This weekend’s general meeting has been postponed.

NewB had to keep its banking business discontinued last month because it had failed to raise the €40 million in additional capital needed to maintain its banking licence. Long …

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