Writedowns to hit HBOS H1 as house market worsens (Reuters)

[riky]

Writedowns to hit HBOS H1 as house market worsens
    (Reuters)

 

Reuters - British bank HBOS  confirmed on
Thursday it was trading in line with expectations, but warned
higher writedowns would hit first-half performance, as a
sharper fall in house prices puts pressure on bad debts.


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