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Bradford & Bingley

The bank bosses who refuse to quit

Billions of pounds have been scythed off the value of shares. It is inconceivable that old-style banking, whereby local managers actually knew their customers and felt an involvement in their financial wellbeing, could have...

Midas share tips: BP, Shell, Vodafone and Aviva yields look good

Midas share tips: BP, Shell, Vodafone and Aviva yields look good Financial markets are said to be motivated by fear and greed - and nowhere is this more apparent than in the behaviour of the banking sector. will send extra...

Financial crisis Winners losers and how it affects you

Savers A week ago Britain’s savers were nervous – it even emerged that the sale of safes had risen sharply as worried people looked to stash their cash at home. The Government’s pledge to safeguard British savers with Icelandic...

Philip Falcone shorts Santander

PHILIP FALCONE, the American hedge-fund manager who made a killing by betting against the shares of HBOS, now has the UK’s second-largest retail bank in his sights. In the past week his hedge fund, Harbinger Capital, has built...

Financial crisis Nationalisation is no longer a dirty word

The foundations of capitalism in Britain are toppling. The money markets, which Credit Suisse notes have "supported about 40 per cent of all growth in customer loans" in the past eight years, are shut. Despite the rave reviews...

Coop in talks with Britannia building society

Britannia, the country’s second-largest building society, is holding secret talks with the Co-op’s financial services arm about creating a “super-mutual” that would have more than 6m members. By Mark Kleinman and Louise...

Gordon Brown gambles it all on rescue plan

As Gordon Brown patted himself on the back for saving the British banking system last week, Neil Parkin stood in the chilly wind outside his bungalow near Barnstaple in Devon and wondered who was going to save him.

The homes that the credit crunch can't blow down

Many homeowners have watched in horror over the past year as their properties have plummeted in value – by 12.4 per cent on average, according to the Halifax. And most experts agree that – despite the Bank of England's 0.5 per...

Banking sector: Suddenly the taxpayer has leverage over the banks

Now their fate is in our hands Suddenly the taxpayer has leverage over the banks, and the industry that emerges from the crash could be very different as a result. By Heather Connon Robert Talbut, chief investment officer of...

At dawn, the banks were back from the brink

The newspaper headlines were all about the nationalisation of Britain's banks. But during the all-night talks to finalise last week's £500bn bailout, the idea of the state owning a stake in a swathe of banks was quietly dropped.

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