FTSE financial stocks fall after surge last week

Investors took home some of their profits today as the London market slipped into the red and financial stocks fell after last week’s surge.

Investors took home some of their profits today as the London market slipped into the red and financial stocks fell after last week’s surge.

Royal Bank of Scotland and Lloyds Banking Group slumped 1% and 1.5% respectively after HSBC – which ended the day flat – produced its first quarter results.

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