Shares in European banks slumped on Friday on worries over their health after a series of interest-rate hikes around the world.
The Stoxx Europe 600 XX:SX7P banks index dropped over 4%, with shares in Deutsche Bank XE:DBK down 7%, Bank of Ireland IE:BIRG down 6% and HSBC Holdings UK:HSBA falling 5%. On Thursday, the SPDR S&P Regional Banking ETF KRE slumped 8%.
Bank…
