Banking stocks plummeted with the overall markets Thursday on fears of a deteriorating job market and debt troubles facing foreign governments.

The KBW Bank Index fell 4.31%, to 44.21, its worst close in a month.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access