FTSE holds firm despite banking scandal

A resilient performance from the scandal-hit banking sector and better-than-expected retail sales figures helped the FTSE 100 Index hold firm today.

FTSE holds firm despite banking scandal
Thu, 16 Aug, 2012 - 19:21

A resilient performance from the scandal-hit banking sector and better-than-expected retail sales figures helped the FTSE 100 Index hold firm today.

London’s leading shares index rose 1.5 points to 5834.5 as banking shares shrugged off fears of further Libor-rigging fines after US authorities summoned three of the UK’s biggest lenders for questioning.

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