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Reuters: HBOS sees 1 billion pound write-down

Started by chris, June 19, 2008, 09:41:06 AM

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chris

HBOS sees 1 billion pound write-down
      


LONDON (Reuters) - British bank HBOS  said on Thursday it was trading in line with its expectations, but warned of a 1 billion pound ($2 billion) writedown in the first half of its financial year and a bigger fall in UK house prices.
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