Sharp falls in banking shares drove stock markets lower in Europe and the United States on Friday.
The falls came at the end of another week of volatility in the stock markets.
In Britain, Barclays dropped 9.4% and Royal Bank of Scotland declined by 5.4%.
The BBC reports Deutsche Bank fell 7%. Societe Generale fell 10.6% and Credit Agricole in France dropped 7.8% as investors continue to worry about their exposure to bad debt.
And the euro fell 1.5% against the US dollar, to $1.3724, which was at a six-month low.
The Dow Jones index dropped 2.53%, which in turned pulled European shares lower. The Nasdaq was down 2.29%.
The FTSE 100 in London declined 2.35%, the DAX in Frankfurt was down 4.04% and the CAC-40 in Paris was down 3.60%.