November 10, 2007 (LPAC)--Due to fear of big problems ahead, more than £90 billion were gutted from Britain's eight leading banks in the past nine months, according to an London Times analysis. As LPAC reported, yesterday trading if stock at Barclays Bank, in London, was halted.

It's no accident that Barclays Bank tops the list of losers, along with Royal Bank of Scotland (RBS), which is suffering severe exposure to the toxic credit markets. The rumours of a £10 billion write off by Barclays sent shares down by more than 9 per cent at one point on Friday.

*Barclays shares have fallen, since February 7, from £763 to as low as £442 yesterday, a slide of 42 per cent, and its market value, has sunk from £53.4 billion in February, to £32.3 billion this month.

*RBS lost the most in terms of market value, its share price tumbling from £691½ in February to a low yesterday of £387½, knocking £29.4 billion off its market capitalization.

*HBOS, dominant in the UK mortgage market, has fallen in value by £14.5 billion since February.

*Bradford & Bingley—the mortgage lender--, Alliance & Leicester, and Lloyds TSB, have fallen by just over £10 billion in the past nine months.

*HSBC has lost almost 2 percent in market value.

*Northern Rock, the near bankrupt mortgage lender, worth £5.2 billion at the start of the year, is now valued at just £620 million.