日本語
Español
中文
Русский 
BRUSSELS, Sept 29 (Reuters) - British authorities are to notify the European Commission on Tuesday of their rescue package for mortgage lender Bradford & Bingley and have already sent Brussels some information, the EU competition and state aid regulator said.
"We have had some details. We expect formal notification this morning," Commission spokesman Jonathan Todd said.
After intense weekend talks failed to find an outright buyer, the Treasury said on Monday it would take over B&B's 50 billion pounds ($90.12 billion) mortgage portfolio and sell its deposits and branches to Spanish bank Santander.
The notification begins the process under which the Commission will check the plan to see if it complies with competition rules in the 27-nation bloc.
(reporting by Darren Ennis, writing by Mark John, editing by Paul Taylor) Keywords: BRADFORDANDBINGLEY/EU
tf.TFN-Europe_newsdesk@thomson.com
vs
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
Breaking Forex News
BOE: Credit, Asset Prices Could Guide Macroprudential Rules
Dow Jones | Sat, Nov 21 2009, 00:21 GMT
Wall Street ends Friday in negative; Dollar with gains
FXstreet.com | Fri, Nov 20 2009, 22:14 GMT
2nd UPDATE: Cigna 'Going Global' As Part Of Repositioning
Dow Jones | Fri, Nov 20 2009, 22:06 GMT
Argentina Bonds Ease Amid Confirmation Of Dec Or Jan Swap
Dow Jones | Fri, Nov 20 2009, 21:41 GMT
Peru's Main Stock Indexes End Mixed; Sol Weakens Slightly
Dow Jones | Fri, Nov 20 2009, 21:36 GMT
Latest Updated Reports
The Trading Week - The Trading Week: Nov. 23 - Nov. 27 by AllThingsForex
Sat, Nov 21 2009, 16:33 GMT
Gold Weekly Technical Outlook by Oil N' Gold
Sat, Nov 21 2009, 08:19 GMT
Long Term Forex Analysis - USDCHF is in range trading between 1.0032 and 1.0337 by ForexCycle.com
Sat, Nov 21 2009, 05:11 GMT
Forex Technical Report - S&P and NASDAQ Post Weekly Reversal Tops by ForexHound.com
Sat, Nov 21 2009, 00:02 GMT
Forex Technical Report - Dollar Closes Higher for Week against a Basket of Currencies by ForexHound.com
Fri, Nov 20 2009, 23:59 GMT
