Banks Are Diving Around The World

Credit Agricole

Photo: AP

The uncertainty caused by the Italian election is hitting all markets.But in particular, bank stocks are getting cracked.

A quick look at some names today:

  • Intesa Sanpaolo (huge Italian bank) -8%
  • Banca Monte Dei Pachi (another big Italian bank) -6%
  • Barclays -3.4%
  • Deutsche Bank -1.9%
  • Societe Generale (France) -4.5%
  • Credit Agricole (France) -5.4%

And in case you missed it, during yesterday’s trading Morgan Stanley fell 6%.

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