Europe banks slide on Greek woes, US probes

European bank shares fell over 3 percent on Friday as renewed concerns about losses from exposures to Greece and a widening of probes by US authorities unsettled investors.

Spanish banks led the drop amid fears Greece's problems could spread, despite a record bailout package, and that austerity plans will hurt economic growth. Dealers also cited talk of a levy possibly being imposed on banks in Portugal or Spain. (Reuters)