It isn't love - but private equity and banks' marriages are convenient - Daily Telegraph

Story date: 2008-06-06 04:42:00
Added on: 2008-06-06 17:52:51

What does it mean when private equity groups buy into banks, a sector they have traditionally steered clear of? This week, Texas Pacific Group took a 23pc stake in troubled Bradford & Bingley, and private equity firms are reported to be circling ...


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