(ANSA) - MILAN, MARCH 15 - The European stock exchanges are in free fall with the stoxx 600, the index that brings together the main listed companies, down by 2.7%.
The current of sales is fueled by the collapse of Credit Suisse (-22%), after the main shareholder Saudi National Bank has excluded the possibility of providing financial support in case of further requests for liquidity.
The events of the Swiss bank have hit the banking sector causing a drop of 6.2%.
Of the main stock markets, Paris and Milan lose 3.4%, Madrid (-3.7%), Frankfurt (-2.7%) and London (-2.3%).
Among the banks, Societe Generale and Bnp Paribas lost 10%.
(HANDLE).