Markets in Europe fell as a mortgage company in the UK has to be rescued by the government
The FTSE fell 1.9% to 6,242. Barclays (BCS) was down 3.2% to 591.5. British Air (BAB) fell 3.4% to 379.5. Norther Rock, the troubled lender, fell 23.5% to 489.
The DAXX was off .9% to 7,470. Commerzbank fell 4.8% to 27.02. DeutscheBank (DB) fell 1.5% to 89.8. Siemens (SI) fell 3.4% to 86.25.
The CAC 40 fell 1% to 5,511. Alcatel-Lucent (ALU) fell 21.5 to 6.48. BNP Paribas fell 3.4% to 72.28. Societe Generale fell 3.7% to 111.8.
Data from Reuters
Douglas A. McIntyre
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
