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Saturday, 25 June 2016

HBOS avoids the curse of B&B

Dodging the banana skins

A disastrous business review almost sank UK lender Bradford & Bingley s rights issue. HBOS, the market leader which is trying to raise £4bn, says business is fine. Margins may even improve. The bank should get the money, but a weak UK economy is still a big worry.

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