The biggest laggards in percentage terms were UK lender Natwest , which fell nearly 6% after reporting large outflows in the first quarter, Banco Sabadell , which dropped 5.7%. Its results on Thursday beat expectations but also contained evidence of a slide in customer deposits in the first three months of the year. (Reporting by Lucy Raitano; Editing by Amanda Cooper)
LONDON, April 28 (Reuters) - Europe's bank shares sank
on Friday, heading for their heaviest daily loss since March 23.
An index of euro zone banks was last down 3%, and a
wider index of European banks was down 2.5%, underperforming the
pan-regional STOXX 600 index, which fell 0.4%.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.