Wicked Bank shares suspended after 31% plunge wipes £2.4bn off value
Trading was halted at 9:07am. Analysts at three City houses cut their rating to ‘sell’ within the hour, citing "a total loss of confidence in the bank’s controls."
Trading in Wicked Bank shares was suspended at 9:07am on Tuesday after a 31% plunge wiped £2.4bn off the lender's value.
Three City houses cut their rating to "sell" within the hour, citing "a total loss of confidence in the bank's controls."