Frankfurt (Germany) (EFE) and the Fed to insure deposits.
In Madrid, Santander fell 6.5% and BBVA lost 5.4%, in Paris the BNP fell 6.2%, Société Générale 6.05% and Credit Agricole 4.7%, while in Milan, Intesa fell 6.4% and Unicredit did 6.4%.
In Frankfurt, Commerzbank was down 8% and Deutsche Bank was down 4.4%.
In Amsterdam, ING falls 6.27%; in Zurich, the Swiss bank UBS left 4.95% and in London, HSBC did 3.4%.
The losses of European banks dragged down the main stock indices in Europe.
London fell in the early stages of the negotiation by 1.8%, Paris by 2.6%, Frankfurt by 2.3%, Madrid by 3% and Milan by 3.4%.
The Spanish stock market collapses, it already falls 3.73% and loses 9,000 points
The Spanish stock market collapses shortly after the first hour of the session on Monday and, after falling 3.73%, it is already trading below the 9,000 point level, weighed down by the collapse of Silicon Valley Bank (SVB), which that has set off alarm bells in the American financial system and has spread to the rest of Europe, causing the banks to collapse.
At 11:00 a.m., the Spanish selective, IBEX 35, lost 342.3 points, 3.73%, and stood at 8,940.6 points, thus falling back to levels of January 25, the day the session closed for below 9,000 points.
So far this year, the IBEX 35 has reduced its gains to 8.63%.
The European stock markets also fall sharply and suffer losses of more than 2%. Milan is left 4.24%, Frankfurt 2.90%, Paris 2.67% and London 2.27%.