Bill Jamieson - Will this be one reputation we can't bank on any more?
Published Date:
18 July 2008
ANY doubt that Scotland's oldest bank is in troubled times will be dispelled by the outcome of a £4 billion rights issue cash call. It formally closes today.
The issue, pitched at what was widely regarded barely six weeks ago as a "deep-discount" price of 275p a share, looked a reasonably safe bet. But with the price closing last night at 268.25p – having been as low as 225p on Wednesday – the bulk of the...
The full article contains 1011 words and appears in The Scotsman newspaper.
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Last Updated:
17 July 2008 8:31 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Bill Jamieson