Financial sector stress delivers fresh jolt

Stress in the financial sector triggered by worries over global growth and the impact of negative interest rates drove European share prices to their lowest in 16 months on Monday and sent the cost of insuring bank debt soaring.
Concern over the health of the sector, which has prompted comparisons with the early days of the global financial crisis in 2008, pushed borrowing costs in the euro zone's most indebted countries higher and sent investors to the relative safety of ultra-low-risk government debt. Continue Reading...