Summary
LONDON FTSE 100 CLOSE 5,319.2 +6.6
BANKS were on the back foot again yesterday after the US investment giant Merrill Lynch wrote off another GBP 3 billion and announced a fresh fundraising move.See the full content of this document
Extract
Banks Feel the Pinch, but Ba Talks Lift Spirits
The news prompted fears that UK banks could also have to raise more capital, although sector heavyweights managed to rein in earlier heavy losses.
Barclays closed 14p down at ...See the full content of this document
Sponsored links
