We wish to alert readers to an error in the current issue (376). The Investment Briefing on banks on page 20, contains a table titled: ‘% of tangible equity in ‘toxic debt”. The names of the banks are wrongly labelled. It should read:
Barclays – 80%
HBoS – 66%
Bradford & Bingley – 36%
Royal Bank of Scotland – 29%
Lloyds TSB – 25%
Alliance & Leicester – 18%
Standard Chartered – 10%
HSBC – 7%
Our sincere apologies for any confusion caused.