Santander deposes UBS as continental Europe’s most valuable bank

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Santander overcomes UBS as the most valuable bank of continental Europe from the atmosphere of the Donald Trump tariff market, hit the Swiss lender than peers.

The UBS shares left about 15 percent, as the US President announced a ferry “Mutual” tariffs on April 2, provoking the market sales. The shares of the Spanish lender have only decreased by about 5% during that period.

Steps with market capitalization of 91.3 million euros have taken the market capitalization of market capital on Wednesday.

The shift of positions mentions the symbolic turn of the Santander, which is fighting the price of his linguistic shares to promote most of the decade and emphasizes the challenges facing UBS.

Since August 2023, the Swiss bank occupied the crown of the most valuable lender of continental Europe, at the beginning of that year, and its market value was approaching 120 billion euros in February.

However, the price of its shares in recent weeks has significantly underestimated European peers.

MORNING Anno-Johann Scholt said that Ubsk’s shares were affected after Trump tariffs, as it had a “significantly more direct impact on the US market than other European banks.”

“UBS is very marketing. More than the average European bank, and it is also more worldly diverse than its peers, if one assumes the ongoing deality.

Swiss “Swiss Regulatory Discussions” “Remains the main reason” for the latest UBS underwent, against European and American peers, added Wendit.

Last week, UBS President Koch Keller is against the proposed reforms of the bank’s capital rules in Switzerland, which the bank protects the country’s political and regulatory establishment. Based on the annual UBS’s annual meeting, Keller said that the “extreme” funds will force the lender to hold more capital by 50 percent.

Meanwhile, Santander is one of the best European bank shares this year, more than one-third of January.

Although some investors in the Spanish group have questioned the strategic logic of its diverse geographical reserves, the bank’s executive chairman Ana Botin said that the market “recognizes the value of the group and our model.”

“Board and I are convinced that by implementing our strategy, we will continue to build profitable growth. Is still significant.

The majority of the eurozone lenders have won after last year’s decline in interest rates and the record attracts the shareholders. The euro Stoxx bank index, which is pursuing the largest euro lenders, is more than 20 percent in January, despite the recent commotion of the market.

Santander and UBS follow France’s BNP Paribas and Italy’s UniCredit rankings, which have market capital 80.9 billion euros and 78.9 billion euros. HSBC remains the most valuable lender in Europe, including the United Kingdom, the market value is 137.8 billion pounds.

UBS and Santander refused to comment.