UK Mortgages rates and deals

April 2, 2009

Bailed-out banks eye toxic asset buys

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 11:11 pm

US banks that have received government aid, including Citigroup, Goldman Sachs, Morgan Stanley and JPMorgan Chase, are considering buying toxic assets to be sold by rivals under the Treasury’s $1,000bn (£680bn) plan to revive the financial system

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