Friday, June 10, 2016

"European Banks Are Crashing"

From ZeroHedge:
From Deutsche Bank to Credit Suisse and from Barclays to Banco Popolare, the European banking system is getting battered this week with today's plunge the biggest in 4 months...

This is the worst two week drop in European banks since April 2012...
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/06/06/20160610_eubank1.jpg
As Deutsche falls back to record lows...
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/06/06/20160610_eubank2.jpg
And it's not about top get any better as Europe's yield curve collapses...MORE 
See also:
"Angry banks complicate BOJ’s ability to deepen negative rates"