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As 2009 progresses financial institutions are in the middle of a transformation. Almost the entire global financial system is now underpinned by billions of tax payers' dollars. There is a new relationship between finance and the state. Even after governments unwind equity stakes and exit debt guarantees, an indelible mark will be left on the sector and more widely on the corporate world. CNBC asks what the new normality will look like for business.

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