European Stock Markets Slip as Deutsche Bank Falls

European stock markets slipped lower on Monday as shares in Deutsche Bank fell, weighing on the broader European banking sector.

    The pan-European STOXX 600 index was down by 0.2%. The pan-European STOXX Europe 600 bank index also fell 0.6%. However, shares in William Hill climbed 5.5% after the British gambling company said it was in merger talks with Canadian online peer Amaya. 

    Deutsche Bank shares fell 2.6%, with traders expressing disappointment at a lack of concrete progress in the company's battle against a demand by US authorities for up to $14 billion over mis-selling allegations. Deutsche Bank shares remain down by around 50% so far in 2016.