FTSE LIVE: London banks tank as fears around Deutsche Bank mount over reports hedge funds have taken flight 



08:40: The Footsie has fallen in early trading as fears over the future of Germany's biggest lender Deutsche Bank mounted.
Shortly after the bell, the FTSE 100 index was down 90 points at 6,829.5, having closed up 70.04 points at 6919.42 after the oil price soared back towards $50 on a surprise Opec deal to cut production.
Overnight financial shares in Asia have also been rattled by concerns over Deutsche Bank.
In China, Hong Kong's Hang Seng fell 1.3 per cent, while shares in Tokyo were fell by 1.4 per cent. In Australia, the ASX 200 was lower by 0.5 per cent while the Kospi in South Korea... read more

 
30 September 2016 in Business, Views: 35
Source: Daily Mail
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