Stock rises in regional banks in the United States (U.S.) were mostly wiped by mid Wednesday as industry fears expanded to overseas markets. 

The Associated Press said that Societe Generale SA in France sank 12%, BNP Paribas in France fell with over 10%, Deutsche Bank in Germany fell 8%.

Markets tremble on fears of Banking Crisis

The stock value of San Francisco-based bank has decreased by more than 70% from one week ago

After falling 44% on Monday, shares of the Utah-based Zions Bank had somewhat recovered by Tuesday’s conclusion of normal trading, but then at midday on Wednesday.

Harris Simmons, the CEO and Chairman of Zions Bancorporation, told the Deseret News on Tuesday that his bank

Simmons added, “We’ve generated a significant amount of liquidity, have a significant amount of cash upon our balance sheet.