UK banking stocks down 10%

Banking stocks tumbled by as much as 10% in the UK today as the panic driving world markets lower showed no signs of easing.

UK banking stocks down 10%
Fri, 05 Aug, 2011 - 10:02

Banking stocks tumbled by as much as 10% in the UK today as the panic driving world markets lower showed no signs of easing.

The FTSE 100 Index, which registered its biggest fall of the year yesterday, was down by another 107 points at 5286, a drop of 2%.

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