Angry shareholders railed against Texas Pacific Group yesterday in the wake of its shock decision to pull its £179m investment in Bradford & Bingley. Investors were left fuming after TPG withdrew its offer to buy 23 per cent of B&B after ratings ...

Believe it or not, there are some positives to be drawn from the debacle that is Bradford & Bingley. One is that despite the lily-livered behaviour of Texas Pacific Group, an alternative recapitalisation on almost exactly the same terms has been ...

LONDON - Bradford & Bingley PLC said Friday it is revising its plans to raise new capital after U.S. private equity fund Texas Pacific Group pulled out of an agreement to invest more than $350 million in the British mortgage lender. TPG withdrew ...