European shares fell as investors eyed political developments in Italy and continued fiscal weakness in Spain. In the UK, bank shares reacted broadly positive to a Bank of England report which urged the biggest UK lenders to raise as much as £25bn in new capital.
European Market Briefing: Shares Retreat as Investors Eye Next Flashpoint in Economic Crisis [VIDEO]
IBTimes TV's daily Market Briefing report with European Business Editor Martin Baccardax
Related topics : FTSE Bank of England