Scots Stocks: Rbs Sheds a Further 5 Per Cent As Banks Are Punished Again On Subprime Woes

Summary


ONCE again banking shares were hard hit yesterday as beleaguered Northern Rock continued to attract unwanted attention, while fresh subprime mortgage worries emerged at Swiss Re.

Royal Bank of Scotland continued to fall - down 22.5p, or 5.3 per cent, to 404p - as it continued to say it would not bring forward its trading update from 6 December. HBOS also lost ground, down 29.5p to 730p.

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Scots Stocks: Rbs Sheds a Further 5 Per Cent As Banks Are Punished Again On Subprime Woes

Oil companies fell back after the price ...

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