FTSE 100 movers: Banks lead market down

Banks are leading Footsie downwards after ratings agency Moody's warned that the UK lenders are "at risk of Greek contagion". Barclays, Royal Bank of Scotland, Lloyds, HSBC and even Asia-focused Standard Chartered fell sharply after Moody's said banks in the UK, as well as in Ireland, Italy, Portugal and Spain "are increasingly moving into the focus of the markets" as worries over sovereign debt increase.Defence and flight refuelling equipment supplier Cobham is the biggest faller in the Footsie. Order intake was slightly ahead of expectations in the three months to March 2010, but this has not fully compensated for the slowdown in orders late last year.Fund manager Schroders is the best performer as demand for its services continues to grow. Total funds under management climbed to £167.9bn at the end of March from £148.4bn at the end of 2009.FTSE 100 - RisersSchroders (SDR) 1,416.00p +8.17%Schroders NV (SDRC) 1,126.00p +6.13%Burberry Group (BRBY) 689.00p +3.69%Rexam (REX) 322.40p +3.10%Next (NXT) 2,236.00p +2.52%Tullow Oil (TLW) 1,098.00p +2.52%Randgold Resources (RRS) 5,580.00p +2.48%Fresnillo (FRES) 827.00p +2.48%Cairn Energy (CNE) 393.70p +2.47%Xstrata (XTA) 1,015.50p +2.37%FTSE 100 - FallersCobham (COB) 244.10p -5.72%Barclays (BARC) 307.95p -4.59%Royal Bank of Scotland Group (RBS) 48.58p -3.61%Standard Chartered (STAN) 1,641.50p -2.90%Morrison (Wm) Supermarkets (MRW) 272.30p -2.33%HSBC Holdings (HSBA) 637.40p -2.33%Lloyds Banking Group (LLOY) 58.78p -2.20%Eurasian Natural Resources (ENRC) 1,057.00p -1.86%BT Group (BT.A) 118.90p -1.57%Sainsbury (J) (SBRY) 328.30p -1.29%