Summary
PREDICTABLY after RBS went to the market last week for a shareholder handout, the more shy bankers have decided to throw in their lot. This week saw HBOS announce plans for a rights issue.
The bank simultaneously asked for pounds 4bn while writing off almost pounds 3bn in US-linked sub-prime assets.See the full content of this document
Extract
Other Banks Follow in the Footsteps of Rbs ; Analysis
The bank stated the obvious by saying it was preparing itself for "a more challenging environment ahead".
HBOS is s...See the full content of this document
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