We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Rights move

29 April 2008 By George Hay

The UK mortgage bank has fully written down only £1bn of its mortgage assets. This accounting will give it a healthy 6.6% equity tier one ratio. HBOS thinks the market is too gloomy about US mortgage losses. But it s raising enough equity to provide some margin for error.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)