Retail banks may be left with sizeable stake in B&B

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Retail banks may be left with sizeable stake in B&B

14th August 2008, 23:40:PM

Six high street banks could be left with stakes of at least 3% in Bradford & Bingley following £400m cash call

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Tags: bingley, bradford, bradford & bingley, business, guardian, money, shares
Legal Beagles

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Joined: Aug 2007

Posts: 23084
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#2

15th August 2008, 11:20:AM

Bradford & Bingley rights issue: banks could be left with large stakes

At the last moment for B&B shareholders to take up their rights, the lender's shares stood at 55.25p - just 0.25p higher than the rights issue price of 55p. By Jill Treanor

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Retail banks may be left with sizeable stake in B&B

Retail banks may be left with sizeable stake in B&B

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