News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

TPG keeps Paragon on 'watching brief'

US buyout firm TPG Capital is the latest to show interest in struggling UK mortgage lender Paragon shortly after abandoning a capital injection into its UK rival Bradford & Bingley.

A buyout market source said: "TPG is keeping a watching brief on the company. They may go in, they may not."

WSJ Logo