United Kingdom | Sunday, 23 November 2008

Bingley Articles

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11. B&B shares jump on Resolution cash injection plan
Shares in Bradford & Bingley jumped on Tuesday after restructuring specialist Resolution unveiled a plan to inject 400 million pounds into the lender as part of a plan to consolidate banks.
24 Jun 2008
12. Bradford & Bingley raises mortgage rates
Bradford & Bingley, which stunned investors with a stark profit warning earlier this week, has raised its mortgage rates by up to 0.55 percentage points as it is hit by increasing funding costs.
09 Jun 2008
13. Bradford & Bingley ups buy-to-let mortgage rates
Bradford & Bingley, which stunned investors with a stark profit warning earlier this week, has raised its mortgage rates by up to 0.55 percentage points as it is hit by increasing funding costs.
06 Jun 2008
14. Rights issue fatigue seen as B&B cut deal size
Companies worldwide have raised a record $33 billion (17 billion pounds) from rights issues in the first five months of 2008 as they strengthen balance sheets, but investors are showing signs of indigestion as the fund-raising race goes on.
04 Jun 2008
15. Banking worries drag pound down
The fell over half a percent versus the euro and the dollar on Monday, with trouble at Britain's largest buy-to-let mortgage lender Bradford & Bingley rekindling concerns over the health of the financial sector.
02 Jun 2008
16. Bradford & Bingley seen set for rescue deal
U.S. private equity firm Texas Pacific Group is set to take a 20 percent stake in Bradford & Bingley for 150 million pounds in a much-needed boost for the embattled mortgage lender, a source familiar with the matter said on Monday.
02 Jun 2008
17. Bradford & Bingley says CEO Crawshaw steps down
The chief executive of Bradford & Bingley quit on Sunday and the embattled lender said it would give a trading update, less than a month after surprising investors with an emergency cash call.
01 Jun 2008
18. Bradford & Bingley sets rights issue
Mortgage lender Bradford & Bingley is raising 300 million pounds from its shareholders in a deeply discounted rights issue to strengthen its balance sheet, it said on Wednesday.
14 May 2008
19. Bradford and Bingley profit hit by subprime
Mortgage lender Bradford and Bingley (B&B) saw its shares drop today after announcing writedowns of £94.4 million resulting from the subprime crisis last year.
13 Feb 2008
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