Banks likely to take another round of writedowns - Reuters UK

Story date: 2008-05-14 05:35:00
Added on: 2008-05-14 07:10:11

(Reuters) - UK banks will likely take another round of writedowns on structured credits, that have until now plagued U.S. securities, as negative equity begins to spread in the housing and mortgage markets, Panmure Gordon & Co said. All UK banks ...


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