Banking stocks take a pounding across world

World stock markets were mixed today as banking stocks on both sides of the Atlantic took another pounding.

Banking stocks take a pounding across world
Tue, 07 Oct, 2008 - 20:17

World stock markets were mixed today as banking stocks on both sides of the Atlantic took another pounding.

Bank shared plunged despite the US Federal Reserve’s announcement that it is to buy massive amounts of short-term debt in an attempt to unblock tight credit markets.

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