European Stocks Are Little Changed as Banks Slide; Rio Advances
This article is for subscribers only.
European stocks were little changed, following last week’s rally for the region’s equity benchmark, as a selloff in banks offset Greek opinion polls that eased concern the country will leave the euro.
Bankia SA sank 13 percent after the lender said it will seek 19 billion euros ($24 billion) of state funds and Spanish borrowing costs surged. Mining companies limited losses, led by Rio Tinto Group and Antofagasta Plc, as copper climbed amid dwindling stockpiles in China.