To calm the financial panic, the British government has decided to fund Royal Bank of Scotland, Lloyds TSB and HBOS at a cost of £37bn. The government has also set up a plan in which they want that these 3 banks scrap their dividend payments until they have repaid £9bn in preference shares. This mesure will result in the UK banks being some of the best capitalised in Europe. Other countries will follow according Gordon Brown's government.
Source: http://www.ft.com/cms/s/0/83bc2cea-98ef-11dd-9d48-000077b07658.html
Nick Colman
1 opmerking:
Fine topic - text could be better
stap???
they want that ...: not grammatical - should be rewritten
measure
according to
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