European shares slide, led by plunge in Deutsche Bank

September 16, 2016 12:06 PM

17 0

TOKYO - Stocks fell in early trading in Europe on Friday, led by banks as Deutsche Bank shares tumbled following news the U.S. Justice Department is seeking a $14 billion settlement over its dealings in mortgage-backed securities before the 2008 financial crisis. Asian trading was light, with regional markets closed for holidays.

KEEPING SCORE: Germany’s DAX slid 0.3 percent to 10,394.06 and the CAC 40 of France lost 0.4 percent to 4,335.39. Britain’s FTSE 100 gained 0.2 percent to 6,745.53. U.S. benchmarks appeared to be headed for a slow start, with both Dow and S&P 500 futures down 0.2 percent.

Read more

To category page