Barclays and Standard Chartered shares were suspended yesterday while regulators checked for evidence of suspicious behaviour, such as insider trading, which could have driven wild swings in its market value. The bank said it was "disappointed" by the decision to suspend trading but would continue with plans to sell off assets worth £1bn over coming months.
Barclays and Standard Chartered shares were suspended yesterday while regulators checked for evidence of suspicious behaviour, such as insider trading, which could have driven wild swings in its market value. This move by the London Stock Exchange further reveals the turmoil for banks both sides of the Atlantic as shares fell for most large banks yesterday amid fresh concerns over the global economy.