Global RUCE in banking shares is intensifying as a fear of decline

Junko Fujita, Ankur Banerjee, Anton Bridge and Nupur Anand

New York / Tokyo / London (Reuters) -Bank shares on Friday in fear of a recession in a century in a century in a century

The S & P 500 banking index, which followed US lenders, has decreased by more than 7% after occurring on Thursdays. Citigroup and Bank of America index are the biggest losses and two more than 7.5%.

JPMorgan Chase, the US creditor, Goldman Sachs and Morgan Stanley, 6.1%, 6.8%, 6.8% decreased.

The Ministry of Finance of China will apply additional 34% to retaliate to all US goods from April on Friday, on Friday, Friday, 34% of US goods for Trump.

Banks serving as a bellwether for economic activity, saw shares sank as the United States is divided into free trade policies. Investors were declared to reduce consumption costs, credit demand and deals.

“Bank shareholder assessment says US investors are based on the month of business,” Brokerage Raymond James, who points to the expectations of the investor in 2025.

Close-term pain for banks said that these tariffs are heavier than expected, he said he was heavier than expected.

“It is necessary to potentially increase the reserve for banks for future loan loss provisions,” he said.

Citigroup was among the largest discons with more than 10.5% before reaching about 8% today. 11% lost on Thursday.

“Citi has been reconstructed in the last two years and the expectations of expectations were increased,” said Octavio Marenzi, Consulting Firm General Officer Opimas.

“It has been disappointed today, but the shares took a large number of hoods … and now investors have seen some stress in the market, said,” exaggerated shares are made. “

Interiorities were felt in the regions. European banking reserves collapsed 8% and the financial sector was dragged in Stoxsh Europe 600.

In Asia, Japanese MegaBanks, since the 2008 financial crisis, ended with the latest losses of the 2008 financial crisis, the results of the investor’s concentration.

A universal universal tariff for the import of US is taken into force on April 5, and then retracted in dozens of countries.

The fear of the mounting fear of revenge, which warns the Trump authorities will increase the dispute, shortens in a recession that comes to pass.