Italy proposed a bank tax to help people with interest rate hikes. The move sent stocks plunging
UniCredit shares closed down nearly 6%, Intesa Sanpaolo fell more than 8.5%, Banco BPM dropped 9%, and BPER and Banca MPS both plummeted almost 11%
Unvaccinated Djokovic can’t travel to US, out of Miami Open
The 35-year-old from Serbia won that event six times, most recently in 2016
Credit Suisse shares sink as global fears about banks grow
The turmoil prompted an automatic pause in trading of Credit Suisse’s shares on the Swiss market and sent shares of other European banks plunging