B&B bullish in rights issue
BRADFORD & Bingley is still confident that its right issue will raise £400 million despite American private equity firm Texas Pacific Group walking away from any deal.

Break-even is best for UBS
SWISS bank UBS said today it will at best break even in the second quarter as it is rocked by financial turmoil.

Swip in £20m Shariah deal
SCOTTISH Widows Investment Partnership (Swip) has been appointed by Russell Investments to manage a £20 million equities portfolio in accordance with Shariah principl