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Tazi Says HBOS Braced for Worsening U.K. Mortgage Market
 Source: Bloomberg
Mamoun Tazi, an analyst at MF Global Securities Ltd., talks about HBOS Plc's plan to raise 4 billion pounds ($8 billion) in a share sale and Deutsche Bank AG's first-quarter loss reported today. HBOS, the U.K.'s biggest mortgage lender, announced the rights issue, a dividend cut and an additional 2.8 billion pounds of writedowns for mortgage-related losses. Tazi speaks talks with Bloomberg's Rishaad Salamat and Elliott Gotkine from London.
Rating: (0 ratings) Views: 10 Added: Apr 29, 2008
Category: Business
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