Blackstone, Prudential top pick for failed Bradford & Bingley's U.K. mortgages

LONDON (Reuters) - Buyout firm Blackstone Group and insurer Prudential are the preferred bidders for about 12.5 billion pounds in mortgages made by failed British lender Bradford & Bingley, a person with knowledge of the matter said.

from Reuters: Top News http://uk.reuters.com/article/uk-bradford-bingley-mortgages-idUKKBN1661EW?feedType=RSS&feedName=topNews