DirectoryMix Web Resources » Article Details

RBS to Sell $24 Billion in Shares After Markdowns - Read More

Date Added: April 22, 2008 03:29:02 PM
April 22 (Bloomberg) -- Royal Bank of Scotland Group Plc , the U.K.'s second-biggest lender, will sell 12 billion pounds ($23.7 billion) of new shares to investors in Europe's largest rights offer to boost capital depleted by writedowns.

Category: Business & Economy » Finance and Investment » Mortgages


No comments are posted yet


 
Name:*
Email:*
Website:  (optional)
Comment:*
(html and bb codes are filtered and not allowed)

Do the math:*CAPTCHA - Do The Math
 

Related Articles

Durables orders, Freddie Mac provide firm view

New orders for long-lasting U.S. manufactured goods rose unexpectedly in June on a surge in defense orders, while a gauge of business investment was also higher than forecast in signs of economic resilience, a government report showed on Friday.

Financial Giants Falling: Lehman, Merrill Lynch, AIG

One of the wildest days in memory on Wall Street took place on a weekend. The investment bank Lehman Brothers has filed for bankruptcy, and the brokerage firm Merrill Lynch will be bought by Bank of America. Other big companies, such as the insurance comp

GMAC Buys Time for ResCap Unit as Threat of Bankruptcy Looms

May 6 (Bloomberg) -- GMAC LLC, the car and home lender struggling to avert bankruptcy for Residential Capital LLC, may keep the mortgage business afloat long enough to find a buyer or break it up.

Fitch Rates Idaho Housing and Finance Association s $60MM 2008A Bonds  

14/05/2008 16:08:00 Business Wire Fitch Ratings has assigned the following ratings to Idaho Housing and Finance Association s (the association) single-family mortgage bonds, 2008 series A: -- $27 million class I variable-rate bonds AAA/F1+ ; -- $22.2 mill

FBI Probe of JPMorgan Fees Focuses on Swaps Roiling Muni Debt

Oct. 27 (Bloomberg) -- Joseph Ambrosini says the deal looked so easy. JPMorgan Chase & Co. bankers told him there was really no risk. All he had to do was sign a public financing contract, and the bank would give $280,000 to his school district in New Cas