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Bradford Bingley Top Stories

Business Comment - UK banking can ill-afford Bradford & Bungle ...
The catalogue of errors at Bradford & Bingley has shown that it is quite capable of making a regular fool of itself. The withdrawal of US private equity ...
Bradford & Bingley investors urged to look at blocking bailout
Bradford & Bingley’s hopes of securing a swift financial rescue were dealt a blow yesterday after a campaigning investor group told the bank’s small ...


Bradford Bingley Most Recent

  • Investors Rescue B&B Capital-Raising
    A group of major investors stepped in to rescue a $793 million capital-raising effort by Bradford & Bingley, after U.S. buyout firm TPG pulled out of a deal to take a stake in the troubled U.K. mortgage lender.
    - 07/06/08 at 04:05AM


  • Aborted deal embarrasses Goldman Sachs
    The collapse of TPG Capital's rescue package for Bradford & Bingley is an embarrassment to Goldman Sachs, the Wall Street investment bank that arranged the deal in a...
    - 07/06/08 at 01:43AM


  • B&B's big four investors want Cowdery back
    Clive Cowdery, boss of the Resolution buyout fund, has turned down approaches from Bradford & Bingley's big four investors to return to the mortgage lender once its £400m rights issue is underwritten.
    - 07/06/08 at 12:07AM


  • Business Comment - UK banking can ill-afford Bradford & Bungle fundraising debacle
    WITH the banking sector still deep in crisis the last thing it needed was another Northern Rock-style embarrassment. The catalogue of errors at Bradford & Bingley has show
    - 07/05/08 at 05:54PM


  • B&B dives despite rights issue rescue
    BRADFORD & Bingley shares tumbled yesterday after it rushed out a new emergency fundraising package following the departure of a US backer.
    - 07/05/08 at 10:12AM


  • FTSE plunges to a two-and-a-half year low as Bradford & Bingley shares tumble
    The FTSE index of Britain's 100 biggest firms closed yesterday at its lowest level for two and a half years.
    - 07/05/08 at 06:41AM


  • More results for Bradford Bingley »


    Bradford Bingley Blog Mentions

    I know nothing....... but
    By RAFTengah: I know nothing but this. At 50p its too late to sell. You will gain nothing except 50p a share. I would lose about £4000 if I sold tomorrow, and my return would be tiny. Its too late to sell. ...
    - Sun, Jul 06


    We needed a sledgehammer years ago
    Bradford and Bingley - I cannot keep up with it. Downgrades, rights issues, and private equity groups – the bank is a model of instability. Each week, the B&B management produce an new capital raising strategy. ...
    - Sun, Jul 06


    Bradford & Bingley counts cost of private equity pull-out
    Standard Life Investments, the bank's biggest institutional investor, said today that it was "positive about the long term prospects and happy to participate in funding the future of Bradford & Bingley". ...
    - Sun, Jul 06


    BB-, outlook negative
    More grief for Bradford & Bingley. From the FT’s banking team, Peter Thal Larsen and Jane Croft: Bradford & Bingley is braced for a further setback after Moody’s, the rating agency, indicated it was preparing to cut the ailing mortgage ...
    - Sun, Jul 06


    Bradford & Bingley To Enlarge Rights Issue As TPG Withdraws
    Some mutual funds want you to pay for the privilege of them taking your money to invest.
    - Sun, Jul 06


    Freddie Mac shares sink on capital concerns - MSN MoneyCentral
    Bradford & Bingley shares plunged last month when it reported an £8m pre-tax loss in the first four months of the year. The firm is struggling as the UK mortgage market deteriorates. To shore up its finances, the lender was hoping to ...
    - Sun, Jul 06


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