Another loss for FTSE

London’s blue chip share index closed deep in the red for a third straight session today after disappointing bank earnings on Wall Street sparked a late sell-off.

Another loss for FTSE
Fri, 16 Jul, 2010 - 18:04

London’s blue chip share index closed deep in the red for a third straight session today after disappointing bank earnings on Wall Street sparked a late sell-off.

Sentiment was knocked on both sides of the Atlantic after Bank of America Merrill Lynch and Citigroup revealed that investment banking revenues dropped in the second quarter.

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CourtsBusinessFTSEPlace: AtlanticPlace: AmericaPlace: USPlace: Gulf of MexicoPlace: UKPlace: BeijingPlace: ShanghaiPlace: AustraliaPlace: New ZealandOrganisation: FTSE LondonOrganisation: LondonOrganisation: StreetOrganisation: Bank of AmericaOrganisation: Merrill LynchOrganisation: CitigroupOrganisation: GoogleOrganisation: BPOrganisation: FootsieOrganisation: BoA Merrill LynchOrganisation: CitiOrganisation: JP Morgan ChaseOrganisation: BarclaysOrganisation: HSBCOrganisation: Lloyds Banking GroupOrganisation: BurberryOrganisation: MothercareOrganisation: Mothercare and Early Learning CentreOrganisation: Essar EnergyOrganisation: InvensysOrganisation: Burberry GroupOrganisation: FresnilloOrganisation: Royal Bank of Scotland
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