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Chinese investors eye UK bank stake

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Chinese state-backed investors are eying a stake in one of the domestically focused U.K. banks, and have hired lawyers at Norton Rose Fulbright in London to examine their options for gaining a foothold in the U.K. market, sources have told CNBC.

City pay and bonus boom revealed

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The financial rewards handed to the City's highest-paid bankers rose by a third last year – and more than 2,700 of them were paid more than €1m (£830,000) in 2012.

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