---
title: "Bank stocks suffer another plunge on credit and AI fears"
description: "Consumer lenders—more vulnerable during economic recessions—were among the market’s worst performers on Friday, including American Express."
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/277251623.md"
published_at: "2026-02-27T21:39:16.000Z"
---

# Bank stocks suffer another plunge on credit and AI fears

> Consumer lenders—more vulnerable during economic recessions—were among the market’s worst performers on Friday, including American Express.

Consumer lenders—more vulnerable during economic recessions—were among the market’s worst performers on Friday, including American Express.

### Related Stocks

- [ARKF.US - ARK Fintech Innovation ETF](https://longbridge.com/en/quote/ARKF.US.md)
- [AXP.US - American Express](https://longbridge.com/en/quote/AXP.US.md)
- [FINX.US - Global X Fintech](https://longbridge.com/en/quote/FINX.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| American Express Company $AXP Shares Purchased by Hillsdale Investment Management Inc. | Hillsdale Investment Management Inc. increased its stake in American Express Company (NYSE:AXP) by 218.7% in Q3, owning  | [Link](https://longbridge.com/en/news/276588275.md) |
| American Express Target of Unusually Large Options Trading (NYSE:AXP) | American Express (NYSE:AXP) experienced unusually large options trading, with 21,709 put options purchased, a 31% increa | [Link](https://longbridge.com/en/news/277237026.md) |
| Top American Express Executive Makes a Multimillion-Dollar Move With Insider Stock Sale | American Express Group President Raymond Joabar sold 14,000 shares of AXP stock for $4.77 million on February 20, 2026.  | [Link](https://longbridge.com/en/news/276500358.md) |
| These 10 careers offer stability when the economy tanks | As recession fears intensify and layoffs mount, workers are seeking careers offering greater economic stability. | [Link](https://longbridge.com/en/news/277213702.md) |
| Tech has never caused a job apocalypse. Don’t bet on it now. | Neither theory, history or the latest data suggests a recession driven by AI job dislocation is likely. | [Link](https://longbridge.com/en/news/277182987.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.