Financial Times FT.com

European banking consolidation in focus

By Chris Flood

Published: May 21 2007 10:45 | Last updated: May 21 2007 18:31

European equity markets slipped lower on Monday, weighed down by weakness in the banking sector but Acciona of Spain enjoyed strong gains as investors warmed to its transformation story.

The FTSE Eurofirst 300 fell 2.1 points, or 0.1 per cent, to 1,598.12.

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