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DAX leads shares lower on bank sector talk, report
January 22, 2013 / 9:26 AM / 5 years ago

DAX leads shares lower on bank sector talk, report

LONDON, Jan 16 (Reuters) - European shares extended losses on Tuesday, led by Germany’s DAX and the region’s banking sector, with traders citing a report that several German banks had been asked to simulate a split of their investment banking operations.

As well as the report in Germany’s Boersenzeitung newspaper, several traders also cited vague talk that Deutsche Bank would issue a profit warning.

Safe-haven German Bund futures rose as high as 143.06, up 16 ticks on day..

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