Index hit by bank’s US woes

The FTSE 100 Index fell 10.37 points to 6,807.67 yesterday as lenders were dragged lower by sentiment surrounding Deutsche Bank, which is facing a £10.7billion fine in the US.

It is feared the bank’s capital buffers may not be able to cope with the settlement proposal.

The index rose at the start of the session, when polls suggested Hillary Clinton emerged victorious in her debate with Donald Trump.

Brent crude sank 3.4% to $45.73 yesterday after Saudi Arabia and Iran poured quashed hopes of securing an Opec deal to curb oil output at a meeting in Algeria. The move dealt a blow to Royal Dutch Shell, one of the biggest fallers after shares fell over 2%, or 42.5p to 1,882.5p.

Plumb Center owner Wolseley sank 56p to £42.44 after it announced job-cut plans and Thomas Cook fell 0.2p to 69.8p after it said bookings remained under pressure following recent terror attacks.