On FT Alphaville this morning,
- Bradford and Bingley: a statement finally released, followed shortly by a trading suspension.
- A run through of the B&B situation.
- While FT Alphaville live-blogs the conference call.
- HBOS, meanwhile, taking a hammering, thanks also to Buy-to-Lose.
- In other news, the BBA does nothing with Libor.
- Fitch flags Alt-A trouble ahead – watch out for more triple-A MBS downgrades.
- BlackRock, meanwhile, shifts a stake in its UBS Alt-A pot to SWFs.
- And in Markets Live, the latest analysts comment and market reaction to the UK banks.
On FT.com,
- Vodafone seeks control of South Africa’s Vodacom.
- Bosch makes a €1.1bn takeover bid for Ersol, the German solar energy company.
- Shell invests $740m in Arrow Energy.
- And banks weigh heavily on the FTSE, pulling the market down just shy of 1 per cent in morning trade.
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