Bankers Braced for More Shares Turmoil

Daily MailMarch 24, 2008

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Summary


BRITISH banking executives are braced for another turbulent week on the financial markets, aware that bear raiders could take aim at the shares of any one of the high street lenders.

Concerns may be heightened about the prospects for Bradford & Bingley after credit rating agency Moodys cut the financial strength rating for the buy-to-let lender.

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Extract


Bankers Braced for More Shares Turmoil

B&B has shored up its balance sheet by selling off some of its property loans, but rivals sa...

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