H&R Block to explore strategic alternatives for H&R Block Bank

Oct 10 (Reuters) - U.S. tax preparer H&R Block Incsaid it is exploring strategic alternatives for H&R Block Bank,which could result in the company no longer being regulated bythe Federal Reserve as a savings and loan holding company.

H&R Block said it does not expect any material impact on itsearnings for fiscal 2013.

The company's shares were down 4 percent in premarkettrading at $17.01.

(Reporting by Sharanya Hrishikesh in Bangalore)

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