Markets jittery after lender rescues

Oct 6 - European bank shares tumble after the weekend's bailouts of Germany's Hypo Real Estate and Belgian-Dutch banking and insurance group Fortis.

German banks and insurers agreed to provide Hypo Real Estate, or HRE, with an extra 15 billion euro credit line on top of the 35 billion package they had already committed together with the Bundesbank central bank.

And BNP Paribas agreed to scoop up Fortis' assets in Belgium and Luxembourg.

But these rescues did little to impress investors, sending banking stocks plummeting.

Joanna Partridge reports.