For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice
Falls in heavyweight lenders HSBC Holdings and Lloyds Banking Group saw the FTSE 100 fall from recent record highs on Thursday.
The FTSE 100 index closed down 39.47 points, 0.4%, at 9,509.40. The FTSE 250 ended up 11 points, 0.1%, at 22,052.83, and the AIM All-Share fell 2.32 points, 0.3%, to 793.70.
HSBC, the second most valuable firm on London’s blue-chip index, gave back 5.4% as analysts questioned the price paid as it bought out the minority stake in Hong Kong-based Hang Seng Bank.
HSBC said it has offered around 19.92 dollars per share for the 37% of Hang Seng Bank it do
Continue Reading on The Independent
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.