focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

European bank stocks head for biggest drop in a month

Fri, 28th Apr 2023 09:58

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%.

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)

Related Shares

More News
13 May 2024 14:09

Treasury reportedly planning significant sale of NatWest stake

(Sharecast News) - The Treasury is finalising plans for a significant sale of its remaining stake in NatWest Group, it was reported on Monday, in a bi...

10 May 2024 11:17

JPMorgan still positive on UK banks despite potential rate cuts

(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, e...

9 May 2024 15:26

Barclays sees huge upside for NatWest despite recent rally

(Sharecast News) - NatWest's share-price surge since the start of the year could well continue, according to analysts at Barclays, who hiked their tar...

9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

9 May 2024 08:00

LONDON BRIEFING: Stocks called up ahead of BoE interest rate decision

(Alliance News) - Stocks in London are set to open up on Thursday, ahead of the latest interest rate decision from the Bank of England.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.