• Wion
  • /World
  • /Will global banking crisis spill into an all-out financial crisis?

Will global banking crisis spill into an all-out financial crisis?

A steep sell-off in banking stocks hit European indexes on Friday as worries about the stability of the financial sector intensified, with Deutsche Bank tumbling as cost of insuring the German bank's debt against the risk of default jumped to a more than four-year high.