Janet Yellen, chair of the Federal Reserve, played down the chances of the US central bank following the European Central Bank and the Bank of Japan by lowering rates into negative territory
Financial stocks suffered another day of heavy selling. The Stoxx 600 European banks index dropped 6.5 per cent to hit its lowest level since the eurozone debt crisis, and losses for US institutions contributed to sharp declines for the S&P 500
Source
http://www.ft.com/cms/s/0/6d3be72e-d0c5-11e5-831d-09f7778e7377.html#axzz3ztB5yJSW
