Shareholders to vote on HBOS cash-raising plan

Shareholders in Halifax Bank of Scotland will vote today on plans for a £4bn (€5bn) cash injection.

Shareholders to vote on HBOS cash-raising plan
Thu, 26 Jun, 2008 - 09:09

Shareholders in Halifax Bank of Scotland will vote today on plans for a £4bn (€5bn) cash injection.

The UK banking giant, which is Britain’s biggest mortgage lender, is asking investors for the mammoth sum to help bolster its balance sheet.

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CourtsBusinessHeathrowPlace: UKPlace: BritainPlace: EdinburghOrganisation: HBOSOrganisation: Halifax Bank of ScotlandOrganisation: Dresdner BankOrganisation: Morgan StanleyOrganisation: HBOS’Organisation: Royal Bank of ScotlandOrganisation: BarclaysOrganisation: RBS
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