Gloom deepens in the banking sector as HBOS profits plunge 60 per cent (Independent)
Story date: 2008-07-26 04:18:33
Added on: 2008-07-26 20:04:00
HBOS, the mortgage lender at the centre of bid speculation following its spectacular rights issue flop, is expected to add to the gloom surrounding its brand this week by disclosing that its first-half profits are 60 per cent lower than last year.
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