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From Europe to Asia, stocks tumble as banking sector turmoil, recession fears keep investors on edge

Shares in European and Asian markets declined amid concerns of a crisis in the banking sector and fears of a looming recession. In Europe, Germany's DAX lost 1% to 15,055.96, and the CAC 40 in Paris fell 1%, to 7,065.83. Britain's FTSE 100 declined 1.1% to 7,418.52. In Asia, shares in regional banks were modestly lower on Friday, with HSBC Holdings plc losing 2.9% in Hong Kong, while mid-sized Japanese bank Resona Holdings declined 2.6%. ....

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