European banking stocks plunge, dragged down by Deutsche Bank shares
Paris economy
Paris - Arab Today
Banking stocks across Europe plunged Friday, dragged down by a sharp fall of shares in Deutsche Bank, Germany's biggest lender.
Deutsche stock dropped around nine percent amid fears about its viability, pulling down its peers, with Societe Generale in Paris, Barclays in London, Unicredit in Milan and Santander in Madrid losing between four to five percent within the first hour of equity business.
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