Bradford & Bingley maintains it has sufficient funds

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Bradford & Bingley maintains it has sufficient funds

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04-21-2008, 09:10 PM

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Bradford & Bingley maintains it has sufficient funds

In the last week, Bradford & Bingley (B&B) has maintained that it has sufficient cash on its books to take it through until the start of 2009.However, if current market conditions continue, it may have to follow Royal Bank of Scotland and raise funds through a rights issue to improve its financial position. At its [...]

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