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TPG pulls out of Bradford & Bingley plan
Jul 4 2008 by AP, 0 Comments

Bradford & Bingley PLC said Friday it is revising its plans to raise new capital after U.S. private equity fund Texas Pacific Group pulled out of an agreement to invest more than $350 million in the British mortgage lender.TPG withdrew after Moody’s...

Britain, Bradford, &, Bingley
 
 
Reports: UK Lender Mulls Selling Shares
Apr 13 2008 by AP, 0 Comments

Major British mortgage lender Bradford & Bingley PLC was considering selling shares to raise cash as it tries to weather a punishing credit market, newspapers reported Sunday.The lender, which has seen its share price fall by more than a third since the...

Britain, Bradford, &, Bingley
 
 
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London:

A general view shows the facade of a branch of Bradford & Bingley in central London, Friday July 4, 2008. Mortgage lender Bradford & Bingley PLC said Friday it is revising its plans to raise new capital after U.S. private equity fund Texas Pacific...

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