Banking News
|
RBS to reveal biggest loss in UK banking history
4 Aug 2008
source:
financemarkets.co.uk
... There has been a flurry of British banks reporting results and last week saw Alliance & Leicester announce that half-year profits have nearly been wiped out after taking a £209 million hit on... |
|
Half-year profits at A&L almost wiped out
1 Aug 2008
source:
financemarkets.co.uk
... UK mortgage lender, Alliance & Leicester (A&L), has announced that half-year profits have nearly been wiped out after taking a £209 million hit on risky assets and higher funding costs... |
|
HBOS pre-tax profits plunge over 70%
1 Aug 2008
source:
financemarkets.co.uk
... The credit crisis and weakening economy has led to HBOS posting a huge slump in profits. HBOS said pre-tax profit fell from £2.99 billion in the first half of 2007 to £848 million compared with... |
|
Tesco to enter retail banking following RBS buyout
29 Jul 2008
source:
financemarkets.co.uk
... Tesco is to compete with High Street banks after it has bought out RBS’s (RBS) 50% share in Tesco Personal Finance (TPF) in a deal worth £950 million. TPF, which was launched in 1997 as a joint... |
