Financial markets calm but warning of problems to come from IMF

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Financial markets calm but warning of problems to come from IMF
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The FTSE 100 rebounded as did shares in the largest UK commercial banks after the Deutsche Bank sell of on Friday.

Its shares had fallen more than 14% at one point during a bumpy day of trading across Europe. On Monday morning they bounced back by more than 5% but had not reached the level of €9.32 - a share seen before the drop on Thursday evening.

Similarly, the FTSE 100 index of the most valuable companies listed on the Financial Times Stock Exchange was up 1%, but had yet to recover from the hit it took on Friday.by First Citizen Bank, banking shares surged. NatWest, Lloyds, Barclays, and HSBC began the morning in positive territory and edged upwards throughout the day.

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