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IPFS News Link • Federal Reserve

Spanish Bank expected to win Guaranty at auction

08-19-2009 • Reuters

Banco Bilbao Vizcaya Argentaria, Spain's second-largest bank, is expected to win a government-run auction of troubled Texas lender Guaranty Financial Group. The Federal Deposit Insurance Corp (FDIC), which was managing Guaranty's sale, had set a bid deadline of Tuesday for Guaranty,

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Reported By Powell Gammill

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