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Daily wrap: Investors withdraw from FTSE as Bank shares drop

It’s becoming a ‘get yer hard hat on’ situation with bank stocks coming down left and right on financial markets. Sensitivities over the prospects for global growth have spread from oil, metals and China-sensitive assets to banks and other financial institutions.  

The start of the week has been a real nose-bleeder and as of yet there is no catalyst for a relief rally. 

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