European shares hit by fresh Libya tensions, HSBC

LONDON, Feb 28 (Reuters) - European shares fell on Monday, hit by forecast-lagging results from banking heavyweight HSBC and a retreat in investor risk appetite after Libya tensions and the price of oil both rose again. Europe's biggest bank, HSBC , fell 3 percent and was among the top fallers across all sectors on the results and after it cut its profitability targets due to the cost of meeting tough new global banking regulations. [ID:nLDE71R0H3]