11. Banking stocks also fell on speculation more corporate defaults are looming. 12. Banking stocks fell this week on concern the mortgage price war will hurt earnings. 13. Reports of the suspension caused banking shares to fall, pushing down Japanese stocks. 14. Banking shares fell sharply in the morning following reports that Merrill Lynch had downgraded Citicorp, and trimmed its profit forecasts for Chase Manhattan, BankAmerica, and BankBoston. 15. Traders said banking issues fell almost across the board in morning trading. 16. Banking shares fell because investors turned away from fianncial stock in search of cyclical opportunities. 17. London dealers said that banking stocks had fallen after a slide in share prices overnight and negative broker comment. |