Barclays reveals £1.7bn loans write-off

Story date: 2007-11-15 03:55:00
Added on: 2007-11-15 23:27:04

Times Online - Second-lien mortgages - home loans where Barclays has only second claim on the collateral – had also been written off. Barclays said that it had also adopted a more conservative accounting treatment, projecting cashflows through to the end of 2008 ...


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