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HBOS takes $11.9 billion hit as bad debts leap (Reuters)

Started by riky, December 12, 2008, 11:01:23 AM

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riky

HBOS takes $11.9 billion hit as bad debts leap
    (Reuters)

 



<p>You are not allowed to view links. Register or LoginReuters - British bank HBOS Plc, due to be taken over by Lloyds TSB, said on Friday that its bad debts and other charges so far this year have jumped by two thirds in the last two months alone, to 8 billion pounds ($11.9 billion), as corporate and home loans soured.</p><br clear="all"/>


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