Resolution is in discussions with leading investors at Bradford & Bingley (B&B) about injecting £400 million ($787 million) into the troubled UK lender. B&B shares were up 15% in early trading today following the news. B&B is subject to criticism with its 4 biggest shareholders, Prudential’s M&G, Standard Life, Legal & General and Insight and has [...]
More: Investment group Resolution in talks with B&B