Burdened By High Debt, European Banks Face A Reckoning

Burdened By High Debt, European Banks Face A Reckoning by [email protected] Bank stocks are taking a drubbing globally, but the picture is a bit more glum in Europe. The Stoxx Europe 600 Banks Index is down about 27% over the past 52 weeks, compared to 11% for U.S. bank stocks, as tracked by the KBW Bank