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Evening Standard
Evening Standard
Business
Michael Hunter,Simon English,Graeme Evans and Simon Hunt

Billions knocked off UK banking shares as financial fears linger after $3.3 billion Credit Suisse rescue

MORE than £30 billion has been swiped from the value of Britain’s top banks since last week as investors fret over how severe the latest financial crisis could become.

The biggest chunk is from HSBC, the UK’s largest bank and a player on the global stage, figures from Scope show.

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