In London, markets opened lower this morning as fears grew over the impact of banking regulation.
The main FTSE 100 index dropped 0.56% to 5,273.21 as Lord Myners announced an independent review into the investment banking sector. Financials were hit by the announcement, with RBS dropped 1.79% to 34.06p, while Man Group dipped 1.61% to 268.1p. Wolseley shares climbed after the firm announced it would replace departing CFO Steve Webster with Alchemy Partners's John Martin, up 0.63% to £14.29. Miners made small gains in early trade, with Fresnillo up 0.49% to 716p, while Rio Tinto added 0.39% to £33.05 per share. US shares dived on Friday, with investors concerned about Presid...
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