Banking shares down on FTSE

Fearful traders continued to drive banking shares lower today as Lloyds and Barclays joined Royal Bank of Scotland in suffering heavy losses.

Banking shares down on FTSE
Tue, 20 Jan, 2009 - 17:26

Fearful traders continued to drive banking shares lower today as Lloyds and Barclays joined Royal Bank of Scotland in suffering heavy losses.

Lloyds Banking Group shares dived 47% at one stage as doubts over the latest bank bail-out and renewed worries for the sector’s health meant no respite for shares following the 67% slump experienced by RBS on Monday.

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