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View Full Version : UK Pound Slides as Lloyds Cedes Control, Stoking Bank Concern - Bloomberg



NewsWhore
03-09-2009, 03:10 PM
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UK Pound Slides as Lloyds Cedes Control, Stoking Bank Concern (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DaIMrZI89glNM%26refer%3Duk&cid=1311048556&ei=V1y1SYKNGKSkQq-ZofoF&usg=AFQjCNEhEQ951uB2e6l5wEJKxgoOIdbu6Q)
Bloomberg
“Banking stocks in the UK are under pressure today,” said Steven Barrow, head of G-10 currency research at Standard Bank Plc in London. “That backdrop is negative for sterling.” The pound fell 2.1 percent to $1.3794 as of 3:04 pm in London, ...


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