Summary
AILING mortgage bank Bradford & Bingley is set to announce that it fell into the red in the first half of the year, making it the second UK bank to report a loss in the wake of the credit crunch.
B&B, which has specialised in the buy-to-let mortgage market, is expected to report losses of about [pounds]15 million to [pounds]30 million when it issues half-year figures on Friday, according to analysts.See the full content of this document
Extract
B&B Set to Reveal Loss, but Bid Likely
The loss compares with the profit of [pounds]180 million it made in the same pe...
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