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Canary Wharf

Language: English Series: Financial Times ; 28 May 1992, 1 | Independent ; 28 May 1992, 1 | Times ; 29 May 1992, 19(3)Publication details: 1992Subject(s): Summary: Canary Wharf has gone into administration under UK insolvency procedures. The placing of Europe`s largest property development in administration leaves 12 international banks facing losses of up to half their £1.2bn of loans to the project.

Canary Wharf has gone into administration under UK insolvency procedures. The placing of Europe`s largest property development in administration leaves 12 international banks facing losses of up to half their £1.2bn of loans to the project.