European Bank Stocks Slide 2.8% as Credit Concerns Spread Across Markets
European stocks tumbled on Friday as growing credit concerns from the U.S. banking sector reverberated through global markets. The Pan-European Stoxx 600 index fell 1.5% by mid-morning in London, with every major sector trading in the red. The decline was most severe in the banking sector, where the Stoxx Europe 600 Banks Index dropped nearly […]