Revolt As Cowdery Makes B&B Move

Daily Mail (June 24, 2008)

Author: Karl West

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Summary


BRADFORD & Bingley has come under attack from four top shareholders - Prudential's M&G, Standard Life, Legal & General, and Insight - who are urging it to hold talks with Clive Cowdery's Resolution Group.

Cowdery has set his sights on consolidating the banking sector after revealing he is in talks with 'leading investors' in Bradford & Bingley about pumping [pounds]400m into the troubled bank.

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Extract


Revolt As Cowdery Makes B&B Move

The zombie fund guru is mulling a [pounds]2bn plan to snap up a handful of banks and mortgage bo...

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