Bank shares up in UK

Bank shares were sharply higher in the UK today amid hopes a new wave of credit-related writedowns could signal the sector is over the worst of its recent crisis.

Bank shares up in UK
Tue, 01 Apr, 2008 - 12:45

Bank shares were sharply higher in the UK today amid hopes a new wave of credit-related writedowns could signal the sector is over the worst of its recent crisis.

The FTSE 100 Index opened the new quarter 42.3 points higher at 5744.4, with Wall Street markets also expected to follow suit.

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