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Banks Are Diving Around The World

Joe WeisenthalFeb 26, 2013, 15:20 IST

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%.