Lenders Hit by [Pounds]17bn Wipeout ; Bank Rescue Plan Revealedgreen Comes Out F Ightingus Bails Out Big Business
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Summary
TOP British lenders lost over [pounds]17bn in a stockmarket wipeout, amid fears shareholders could be decimated in a government rescue.
Royal Bank of Scotland lost an astonishing 39pc of its market value, shedding 58.1p to 90p.See the full content of this document
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Lenders Hit by [Pounds]17bn Wipeout ; Bank Rescue Plan Revealedgreen Comes Out F Ightingus Bails Out Big Business
Its plunge was exceeded only by a 42pc decline by Halifax owner HBOS, which finished down 66.8p at 94p.
Lloyds TSB suffered a 13pc share- price fall, finishing 33 1 2 p lower at 225 1...See the full content of this document
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