Bradford & Bingley and Fortis nationalised; Wachovia in talks to be bought |
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Quote: ‘Railroads are the Rembrandts of investment.’ Henry Clay Frick (1849-1919) The News: Bradford & Bingley and Fortis nationalised; Wachovia in talks to be bought. The Numbers: British Summer Time, with expectations and previous figures in brackets. 00:50 JP August Large Retailers’ Sales –2.2% Y/Y, Retail Trade +0.7% Y/Y, versus –0.7% and +2.0% July. 09:30 GB August Net Consumer Credit (£1B to £1.3B, on Dwellings £1.2B to £3.0B, versus £1.1B and £3.2B July). 09:30 GB August Mortgage Read More...
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