Bank stocks fell 2.7% Sept. 22, led by Ameriprise and Raymond James

Bank stocks fell 2.7% on September 22, Reuters reported, with Ameriprise down 4.4% and Raymond James off more than 3%. Reuters reported wider financials — banks, insurers and brokers — dropped 1.68%, worst of six falling S&P 500 groups. Weak banks can tighten loans for borrowers and savers, even if savings rates barely move.