UK Pound Falls On UK Banking Industry Concerns (The Forex Market)
Story date: 2008-06-02 03:44:19
Added on: 2008-06-02 03:49:04
LONDON (Dow Jones)--The U.K. pound fell sharply against other major currencies Monday on fresh concerns about the country's banking industry, prompted by news that the U.K.'s largest buy-to-let mortgage lender Bradford & Bingley (BB.LN)is receiving a GBP400 million capital injection.
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