Bank stocks are taking a hit this morning amid speculation the Bank of England will keep interest ra...
Bank stocks are taking a hit this morning amid speculation the Bank of England will keep interest rates steady over the coming months. HSBC and Barclays were the biggest movers in the FTSE 100's 33.50 points fall to 4001.80. HSBC fell 9.5p or 1.3% to 698p while Barclays lost 8.75p or 2% to 438.5p, along with Lloyds TSB Group which has so far fallen 16p or 2.9% to 540p because of concerns over its Scottish Widows unit. Value in Aberdeen Asset Management has risen 1.5p or 2.7% to 57.5p, after the Guardian this morning revealed AAM and German investment bank WestLB Panmure are...
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