FTSE LIVE: Bank shares down after Moody's downgrades 16 Spanish banks

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Jun 24, 2008
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08.40: The FTSE 100 index plunged through support levels as the dire situation in the eurozone kept the bears in control on the market, with Spanish banks downgraded en masse by Moody's overnight including Santander UK, and Fitch cut its debt rating for Greece.

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