European Bank Stocks Set For Worst Two-Day Performance EverVW Staff
European Bank Stocks Set For Worst Two-Day Performance Ever
European bank stocks are set for their worst two-day loss ever in the post-Brexit fallout. In the UK, shares of Royal Bank of Scotland and Barclays both fell more than 10 percent, while Credit Suisse shares hit another record low.
Dave Lutz of Jones Trading notes:
S&P notes the $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and . . .
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