While markets had seemed to pick up following a bailout deal, indices are now down across the board. Comments by Jeroen Dijsselbloem saw the euro plummet and it's now at a six week low.
The #Dijsselbloem effect: Soc Gen -5.9 pct. Intesa -5.7 pct, Unicredit -5.3 pct, Credit Ag -4.9pct...— Chris Adams (@chrisadamsmkts) March 25, 2013
*French Banks Slump; Credit Agricole -6.3%, SocGen -6.1%, BNP Paribas -3.8% [dj]— Katie Martin (@katie_martin_FX) March 25, 2013
Italian bank stocks -6%, French banks -5%, Spanish banks -4%.— Jamie McGeever (@ReutersJamie) March 25, 2013