Banks fall as fears of a banking crisis spike
Energy down tracking lower oil prices
UK Feb retail sales rise unexpectedly
FTSE 100 down 1.4, FTSE 250 off 1.0

March 24 Reuters London stocks fell on Friday, dragged by energy shares that tracked oil prices lower, while banks extended declines at the end of a turbulent week as fears of a global banking crisis lingered.

The bluechip FTSE 100 fell 1.4, extending losses after a near 1 drop on Thursday.

British banks lost 2.7, falling for a third straight session, joining their European peers in Friday39;s slide.

The markets are nervous about the recurrence of further bank failures, said Edward Stanford, head of European equity strategy at HSBC, adding they do not share those worries.

The financial sector has stabilized in performance over the last week We have had banks rescued by other banks and I think what we39;re getting is kind of aftershocks and concerns.

Barclays fell 3.4 after HSBC reduced its price target on the stock.

Energy majors Shell and BP fell 2.5 and 2.5, respectively, dragging the broader energy sector down 2.5, as oil prices extended losses on worries about a potential oversupply.

Despite Friday39;s losses, the FTSE 100 is up nearly 1 for the week and on track to post its best weekly performance in five, helped by a brief midweek relief rally in banking stocks and rising commodity prices.

The more domestically focussed FTSE 250 midcap index fell 1, with UKlisted shares of TUI AG down 6.0 after…