Greek Banks Fall on Concern of Capital Controls as Aid Talks End

Greek banks fell in Athens trading after talks among euro-area finance ministers on extending the nation’s bailout ended abruptly, raising concern lenders may need to introduce controls to avert capital flight.

The FTSE/Athex Banks Index fell as much as 9.6 percent at 10:53 a.m. in Athens, led by Piraeus Bank SA, which fell 9.3 percent, and National Bank of Greece SA, which dropped 6.7 percent.