Banking shares are leading steep declines in the headline indices for Spain (3.2%) and Italy...

|By:, SA News Editor

Banking shares are leading steep declines in the headline indices for Spain (3.2%) and Italy (2.7%). Santander (STD -6.7%) and BBVA (BBVA -6.7%) are both indicated at new 52-week lows in premarket activity. In Milan, Unicredit is suspended, -5.8%. Other EU banks: DB -4.3%, BCS -3.4%, CS -4.7%.