1356 GMT - Stocks of European banks trade lower on Friday as the market awaits the rollout of Trump's tariff agenda on April 2. The Stoxx Europe 600 Banks index sheds 1.33% in afternoon trade, after falling as much as 1.92% in earlier exchanges with Germany's Commerzbank and Austria's Raiffeisen and Bawag seeing the steepest declines. "There is some apprehension around U.S. tariff announcements next week and a general sense of unease about what that may mean for the European economies," Keefe, Bruyette & Woods analyst Andrew Stimpson says. Shares in Deutsche Bank--which earlier announced the departure of its CFO and the renewal of its CEO's contract--also fall more than 2%. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
March 28, 2025 09:56 ET (13:56 GMT)
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