Security forces gather outside a "Federal Bank" branch in Beirut on August 11.
Mandatory Credit:	Anwar Amro/AFP via Getty Images

Security forces gather outside a "Federal Bank" branch in Beirut on August 11.
Mandatory Credit: Anwar Amro/AFP via Getty Images

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Armed man takes hostages at Beirut bank demanding return of frozen funds

An armed man is holding employees and customers hostage at a bank on Beirut's bustling Hamra street Thursday demanding his frozen funds be released, according to a security source and Lebanon's state-owned National News Agency.