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Brexit and the banks

As shares tumble, what will come next?

By Giles Wilkes  

a branch of the Royal Bank of Scotland in Piccadilly Circus, London ©Philip Toscano/PA Wire/Press Association Images

Barclays: down 60p to £1.25. RBS, down 75p to £1.75. Lloyds down a similar percentage to nearly 50p. No one in the City thought that the UK’s banks were bullet-proof investments, but we were never expected to see these kinds of falls again. Institutions that were meant to be strong after years of regulator-driven rebuilding are crumbling.…

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