Shares of smaller banks hit in fall-out
Story date: 2007-09-17 08:42:00
Added on: 2007-09-17 23:00:19
Financial Times - There is also a recognition that rising mortgage rates in the UK will squeeze demand for new loans and may put pressure on house prices, thereby undermining the value of lenders' loan books. The sharp rise in inter-bank rates is also squeezing banks ...
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