European Market Updates

European Shares Decline On Slowdown Fears

European stocks fell for a second straight session on Friday, with banks coming under selling pressure once again on a Bloomberg report that Credit Suisse Group and UBS Group AG are among the banks under scrutiny in a U.S. Justice Department probe for potentially helping Russian oligarchs evade sanctions.

Miners and banks also followed suit on worries that the banking crisis may weigh on economic growth.

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by RTTNews Staff Writer

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