Summary
BRITAIN'S beleaguered banks are facing a funding shortfall of [pounds]38bn as the gathering financial crisis brings the UK economy to its knees, research shows.
The study reveals that LloydsTSB, Barclays and Royal Bank of Scotland ( up 2 1/2 to 216p) may need to raise over [pounds]10bn each to fatten up their cash cushions.See the full content of this document
Extract
Banks Face [Pounds]38bn Shortfall
In a warning for homeowners, Wall Street giant JP Morgan said Briti...
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