Loan Fears Wipe [Pounds]1.3bn Off Hbos Loan Fears Wipe [Pounds]1.3bn Off Hbos
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Summary
HBOS sought to bolster confidence in its [pounds]4bn emergency fund raising after another torrid day on the stock market wiped [pounds]1.3bn off the mortgage giant's market value.
Shares in the Halifax owner crashed 34p to 258p as another run on housebuilders heightened fears that HBOS's profits will plunge if the property market crashes.See the full content of this document
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Loan Fears Wipe [Pounds]1.3bn Off Hbos Loan Fears Wipe [Pounds]1.3bn Off Hbos
That is far below the 275p level where investors are being asked to buy new sha...
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