Banks Largely Unaffected by London Bombings

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00007894-banks-largely-unaffected-by-london-bombin/

By David Weidner, MarketWatch

Bankers in London were on edge Thursday, but trading and business were “as usual” for a majority of the institutions with locations in the city.

One exception was UBS. The Swiss bank has offices in five locations throughout the city. Its office on Liverpool St., a few blocks from Aldgate Underground Station where one of the blasts was located, was temporarily evacuated.

“Trading was not interrupted,” said a spokeswoman.

Barclays, one of the U.K.’s biggest commercial banks, said 17 branches were closed, but that none of them were damaged. Branches in and around London closed early at 4 p.m., 11 a.m. New York time.

For this complete story, please visit Banks Largely Unaffected by London Bombings.

Banks Largely Unaffected by London Bombings

Unknown Author

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