Bank shares dive amid Bradford & Bingley woes

Halifax Bank of Scotland led a sharp decline for blue-chip shares today as investors reacted to the latest blow to confidence in the banking sector.

Bank shares dive amid Bradford & Bingley woes
Mon, 02 Jun, 2008 - 10:12

Halifax Bank of Scotland led a sharp decline for blue-chip shares today as investors reacted to the latest blow to confidence in the banking sector.

Shares in HBOS fell by as much as 14%, while rival Alliance & Leicester declined 9% and Barclays and Lloyds TSB both shed more than 4%.

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