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There were dips of between 0.6 per cent and 0.8 per cent for Barclays, Royal Bank of Scotland, BNP Paribas, UBS and Societe Generale, while Credit Suisse lost 3.9 per cent following the announcement of its financial results, Reuters reports.
Overall, the pan-European FTSEurofirst 300 was steady on 1,096.46 points at 08:08 BST after dipping 0.7 per cent yesterday, as many investors opted to stay away from the stock market due to ongoing worries about the financial situation in Greece.
"The situation in Greece is still worrying and the bond market is not convinced that the rescue efforts are a done deal," equity strategist for UniCredit Tammo Greetfeld was quoted by the news agency as saying.
In London, the FTSE 100 was up slightly at opening and was 0.15 per cent higher on 5,731.82 points at 08:37 BST.
Posted by Clive Arneil
