Brexit

Banks fall on lack of clarity for financial services

‘Nerves remain over what deal will be struck in 2021 when it comes to financial services’

Lloyds, Barclays and HSBC were among the bigger fallers, as banks and financial services led stocks fell in the first trading since Christmas
Lloyds, Barclays and HSBC were among the bigger fallers, as banks and financial services led stocks fell in the first trading since Christmas Photo: Tolga Akmen/Getty Images

Banks and financial services led stocks that fell in the first post-Christmas trading on 29 December, which analysts say is in response to developments around Brexit and a lack of detail for market operations come 1 January.

Lloyds Banking Group (-3.54%), Barclays (-2.69%), NatWest (-2.63%), and HSBC (-0.21%) were among the biggest fallers , even though the FST 100 and 250 saw trading edge higher on news of a trade deal.

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