European stocks are falling due to the decline in bank performance.

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European stocks are falling due to the decline in bank performance.

The European benchmark fell today with a fall in bank stocks following the disappointing returns of HSBC Sweden, while technology companies' stocks plummeted after strong expectations of IBM. The European stock index fell 0.5 percent at closing after initially rising to higher levels in more than a week. Bank stocks plummeted 1.2 percent after lifting HSBC shares to 12.1 percent after failing to make profits in the first quarter, and IPO shares …