UK mortgage bank denies equity move rumours

UK Mortgage bank Bradford & Bingley today sought to scotch rumours that it was planning to launch a rights issue.

UK mortgage bank denies equity move rumours
Sun, 13 Apr, 2008 - 12:35

UK Mortgage bank Bradford & Bingley today sought to scotch rumours that it was planning to launch a rights issue.

The group’s board was rumoured to be planning to make a decision this week on whether to go ahead with the move, according to Sunday newspapers.

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CourtsBusinessHeathrowPlace: UKPlace: Northern RockPlace: United StatePerson: Steven CrawshawPerson: prime ministerPerson: Gordon BrownOrganisation: Bradford & BingleyOrganisation: Moody’sOrganisation: BradfordOrganisation: BingleyOrganisation: Council of Mortgage LendersOrganisation: Bank of EnglandOrganisation: CitiOrganisation: Merrill Lynch
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