(Before It's News)
Opening snapshot at 8.15am
London’s index of blue chip shares fell 91 points to 6,827.5p, weighed down by the banks.
Lloyds Banking Group (LON:LLOY) was the biggest loser, down more than 4% to 53p, after Deutsche Bank shares were hit in Frankfurt.
Deutsche Bank’s share price has dropped below the €10 mark for the first time in 30 years.
Other banks were taking a hammering with Royal Bank of Scotland down 3.5% and Barclays down 2.9%.
The top winner was mining group Randgold Resources Ltd (LON:RRS) up 0.13% or 10p to 7,895p.
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Story by ProactiveInvestors