HBOS, the biggest British mortgage lender, said Tuesday that it would raise £4 billion from its shareholders to bolster capital depleted by asset write-downs and a deteriorating housing market.
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HBOS to raise £4 billion from shareholders
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Massey Energy expects to raise more than $400 million from stock sale
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Bank of Ireland to buy back debt after profit slumps
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Bank shares take hit on Irish Stock Exchange
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Millions of britons face higher mortgage costs
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L&T plans to raise $ 300-400 million from overseas market
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The Jockey Club raises £24.7m
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Lenders need capital as losses mount:
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Td Bank raises mortgage rates.
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Clydesdale and Yorkshire banks increase mortgage lending
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Bank of England 'planning £50 billion in aid for banks'
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New mortgages issued 'on the rise'
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Allied Capital to raise $49 million;
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Bank of England moves towards raising rates
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Netflix seeks to raise at least $400 million
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Australia's four big banks may need support, Australian says
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Sky strikes major deal with HBO