Close Brothers shares soar past target price whilst FTSE 100 banks sink

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Close Brothers shares surged past analyst target price on Thursday morning.

Shares in FTSE 250 lender Close Brothers rallied on Thursday morning whilst its banking rivals HSBC, Barclays and Standard Chartered tumbled.

The lender made gains as high as ten per cent during early trading before consolidating around five percent, as the bank clawed back recent losses.

Meanwhile, Standard Chartered led the FTSE 100 losses at nearly 10 per cent, Barclays sunk nearly…

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