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Bradford & Bingley

Mortgages

FSA tries to broker B&B deal - reports

The FSA is believed to be talking to a number of foreign financial heavyweights about a take-over of troubled bank Bradford & Bingley, according to The Sunday Telegraph.

clock 22 September 2008 •

Your profession

B&B suffers £18m fraud blow in H1 loss

Organised mortgage fraudsters cost troubled mortgage lender Bradford and Bingley (B&B) £18m in the first six months of the year, contributing to a £26.7m loss for the bank.

clock 29 August 2008 •

Investment

B&B joins '90% club' after share slump

Troubled lender Bradford & Bingley has joined housebuilder Taylor Wimpey in the 90% club - companies whose shares are now worth just 10% of their peak value over the last three years, research shows.

clock 18 August 2008 •

Your profession

B&B names new chief as investors ignore rights issue

Shareholders in beleaguered lender Bradford & Bingley snapped up just 27.84% of its £400m rights issue, leaving underwriters with more than £288m of unsubscribed stock.

clock 18 August 2008 •

Your profession

B&B shareholders approve £400m cash call

Bradford & Bingley shareholders have approved the beleaguered bank's £400m rights issue.

clock 17 July 2008 •

Investment

B&B trading at 38% discount to rights issue

Bradford & Bingley shares are currently trading at a 38% discount to its 55p rights issue price after another disastrous morning trading session.

clock 08 July 2008 •

Your profession

B&B forced into full rights issue after TPG walks

Bradford & Bingley has been forced to tap up its largest shareholders for additional capital after US private equity firm TPG dropped plans to inject £179m in the ailing lender.

clock 04 July 2008 •

Your profession

B&B plummets as Resolution ends chase

Bradford & Bingley shares have plummeted nearly 20% on news Resolution Limited has walked away from a potential rescue package.

clock 27 June 2008 •

Your profession

UKSA urges B&B to allow Resolution access

The UK Shareholders Association (UKSA) has weighed into the Bradford & Bingley restructure debate, calling on the lender to open its books for Resolution Limited.

clock 27 June 2008 •

Your profession

ABI slams B&B over private equity rescue deal

The Association of British Insurers (ABI) today cast new doubt on Texas Pacific Group's (TPG) proposed rescue package for Bradford & Bingley, saying the deal "involves breaches of sound governance".

clock 26 June 2008 •
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