Bradford & Bingley

The Clive Cowdery-led Resolution Limited has been denied access to Bradford & Bingley's books following a meeting of the lender's board yesterday.

Clive Cowdery has launched an audacious £400m bid to take control of Bradford & Bingley (B&B), with a plan to use the company to consolidate the UK's smaller banks and lenders.

Shares in Bradford & Bingley had to be suspended this morning after plunging 16% on news US private equity firm TPG Capital will take a 23% stake in the company.

Bradford & Bingley will make an emergency £300m rights issue to strengthen the beleaguered lender's balance sheet.

Mortgage lender Bradford & Bingley has seen its share price slide this morning despite formally denying rumours it is planning a rights issue.

Legal & General will make its first foray into the multi-manager market after snaring Bradford & Bingley's £400m mandate from Axa Framlington.

More than 60% of Britons do not take advice about how best to minimise their inheritance tax (IHT) liabilities, according to research from Bradford & Bingley.

Mortgage lender Bradford & Bingley today reported a fall in annual profits after a hefty provision for endowment mis-selling claims, but said its lending had reached a new record, reports the Guardian .

Mortgage bank Bradford & Bingley is expected to announce further details of a £12bn mortgage deal tomorrow as it announces its results for 2006, according to the Scotsman .

Consumers are thought to be underestimating their inheritance tax risk as research suggests only 2% have planned ahead to avoid charges on their estate.