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Latest News: The Royal Bank of Scotland is poised to unveil the biggest loss in UK banking history after taking a hit of almost £6 billion from the credit crises. Latest News: Investors in Qatar are now the largest shareholders in Barclays Bank. Asian and Middle East investors own 16% of Britains third largest bank. Qatar Investment Authority (QIA) and Challenger own a combined stake of 8%. Sumitomo Mitsui Bank paid £500 million for a 2.1% stake. China Development BanK and Temasek, the Singaporean wealth fund said they would take up the £4 billion worth of stock with QIA and Challenger. Latest News: HBOS revealed a 72% drop in profits in its results for the first half of of 2008. The bank also warned that house prices could fall by up to 20% over the next two years. Latest News: Lloyds TSB reported a 31% increase in its bad debt charges, as the high-street bank admitted having problems in both its corporate lending and mortgage operations. Latest News: Buy-to-let mortgage company Paragon has been approached by the private-equity house Bridgepoint as a possible suitor. The lender recently revealed it had received approaches from a number of parties.
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