European stocks slide at open after Credit Suisse deal

London, United Kingdom/AFP

Europe’s leading stock markets slid at the start of trading Monday despite a buyout of Credit Suisse aimed a stamping out a fresh crisis for the global banking sector.

London’s benchmark FTSE 100 index slid 1.1 percent to 7,258.31 points.

In the eurozone, Frankfurt’s DAX index retreated 1.0 percent to 14,617.00 points and the Paris CAC 40 lost 0.8 percent to 6,868.51.

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