BoE report puts global toxic asset writedowns at £1800bn
Posted on Thu, 30 Oct 2008 11:08:39 -0400 in Hbos internet banking
In the case of the UK High Street banks, Barclays, HBOS, HSBC, Lloyds TSB, Royal Bank of Scotland and Nationwide, the report estimates that losses from bad debt could reach a collective £130 billion over the next five years. ...
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