Barclays was among the worst affected banks

The FTSE 100 suffered its worst session since April on Friday, after a sell-off in US regional banks caused jitters to sweep through global equities markets.

Banks led losses on the UK’s blue-chip index as a risk-off mood prevailed across the world, with bond yields falling and the price of gold hitting yet another all-time high of $4,347 before tailing off.

Shares in Barclays fell by as much as 6.75 per cent on Friday morning, before paring back some of those losses to end the day down 4.3 per cent. The stock prices for Lloyds, HSBC and Standard Chartered all fell by at least 2.5 per cent.

The banks sell-off dragged the FTSE 100 to its worst day since Donald Trump unleashed his reciprocal tariffs on unsuspecting stock markets in April. It wa

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