No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 26, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Markets

UBS loses crown as continental Europe’s most valuable bank to Santander

by TheAdviserMagazine
6 months ago
in Markets
Reading Time: 3 mins read
A A
UBS loses crown as continental Europe’s most valuable bank to Santander
Share on FacebookShare on TwitterShare on LInkedIn


A Santander office building in London.

Luke MacGregor | Bloomberg via Getty Images

Spanish lender Banco Santander has eclipsed Swiss giant UBS as continental Europe’s largest bank by market capitalization, as U.S. tariffs ripple through the region’s bruised banking sector.

UBS — whose share took a deep tumble after the April 2 announcement of U.S. President Donald Trump’s baseline and reciprocal duties on Washington’s trade counterparties — had a market cap of 79.5 Swiss francs ($97.23 billion) as of the Wednesday close, according to FactSet data, with Banco Santander at 91.3 billion euros ($103.78 billion).

The two banks’ shares have diverged over recent months, with the Swiss lender shedding 17.2% in the year to date, while Banco Santander has gained nearly 35%, according to LSEG data.

Both banks, along with Europe’s broader banking sector, have suffered since the imposition of the White House’s protectionist trade policies, given the shrinking growth outlook for tariff-struck European countries and the prospect of a recession in the U.S.

Washington imposed 20% tariffs on imports from the European Union, but has lowered them to 10% under a 90-day pause announced by Trump on April 9.

Switzerland — which is not a member of the EU — faces a steeper 31% levy after the pause lifts and the Trump administration has also threatened additional duties on imported drugs. This could deliver a blow to the Swiss pharmaceutical industry that “grew robustly” in the fourth quarter and “contributed significantly” to the country’s exports over the period.

More broadly, European Union banks received a boost from the announcement of the European Union’s ReArm initiative in March, which is set to loosen regional fiscal rules and trigger further borrowing activity to boost defense spending.

U.S. exposure

Continental Europe’s two largest lenders have very different exposures to the U.S. market.

Banco Santander is the fifth-largest auto lender in the country and is expanding through a recent partnership with telecom giant Verizon. Nevertheless, it only logged around 9% of its total profits for 2024 Stateside.

Stock Chart IconStock chart icon

European banks

The U.S. is, meanwhile, a key market for UBS’ lucrative core global wealth management division, with roughly half of the Swiss lender’s invested assets concentrated in the broader Americas region last year, according to its annual report.

UBS’ outlook has also been clouded by a shroud of uncertainty surrounding potential new — and steeper — capital requirements from Swiss authorities. This follows its expansion in the wake of absorbing collapsed domestic peer Credit Suisse, from which it also inherited a significant U.S. presence. The lender expects to receive further clarity on these guidelines next month.  

UBS’ profitability could also be impacted by a strong Swiss franc — historically a safe haven asset during market turmoil — which has appreciated by roughly 8% against the U.S. dollar since the imposition of the latest tariffs.

Switzerland’s appreciating currency — whose strength local trade groups had flagged as damaging to exports even before tariffs came into effect — could, along with depressed inflation in the country, see the Swiss National Bank make further defensive cuts to interest rates, which were already reduced to just 0.25% in March.

In comparison, the European Central Bank is also widely expected to trim its key deposit facility rate by a quarter point when it meets later on Thursday, although this will take it to 2.25%.

The potential interest rate cut would take place after the ECB said in March that its monetary policy was “becoming meaningfully less restrictive” — in a signal some analysts interpreted as indicating restraint when it comes to lowering rates further.

Declines in national interest rates typically weigh on local lenders’ net interest income revenues from loans.



Source link

Tags: bankContinentalcrownEuropeslosesSantanderUBSValuable
ShareTweetShare
Previous Post

Lyft to buy taxi app FreeNow for $200 million to expand into Europe

Next Post

The Trump administration defied the courts twice in one day, and experts say it could hurt America’s sterling reputation as an attractive place to invest

Related Posts

edit post
Top Wall Street analysts champion these 3 stocks for solid returns

Top Wall Street analysts champion these 3 stocks for solid returns

by TheAdviserMagazine
October 26, 2025
0

The stock market has been volatile lately as investors study the latest twists and turns in the the U.S.-China trade...

edit post
Popular investing strategy losing appeal with stocks at record finding

Popular investing strategy losing appeal with stocks at record finding

by TheAdviserMagazine
October 25, 2025
0

Passive investing through exchange-traded funds may be losing its appeal.Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of...

edit post
Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale

Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale

by TheAdviserMagazine
October 25, 2025
0

Company: Fluor Corp (FLR)Business: Fluor is a holding company that provides engineering, procurement, construction, fabrication and modularization, and project management...

edit post
Meta Platforms to report Q3 earnings on October 29. Here’s what to expect

Meta Platforms to report Q3 earnings on October 29. Here’s what to expect

by TheAdviserMagazine
October 24, 2025
0

When Meta Platforms, Inc. (NASDAQ: META) reports its third-quarter results, investors will be looking for updates on the trajectory of...

edit post
2 of the Best Aldi Finds Available Right Now (While They Last)

2 of the Best Aldi Finds Available Right Now (While They Last)

by TheAdviserMagazine
October 24, 2025
0

Sharkshock / Shutterstock.comLoyal Aldi shoppers know it well — the legendary “Aisle of Shame.” The affectionate nickname is a nod...

edit post
Estee Lauder (EL) Earnings Preview: Sales and earnings anticipated to see a pickup in Q1 2026

Estee Lauder (EL) Earnings Preview: Sales and earnings anticipated to see a pickup in Q1 2026

by TheAdviserMagazine
October 24, 2025
0

Shares of the Estée Lauder Companies Inc. (NYSE: EL) were up over 2% on Friday. The stock has gained 12%...

Next Post
edit post
The Trump administration defied the courts twice in one day, and experts say it could hurt America’s sterling reputation as an attractive place to invest

The Trump administration defied the courts twice in one day, and experts say it could hurt America’s sterling reputation as an attractive place to invest

edit post
HDFC AMC announces final dividend of Rs 90 per share for FY25

HDFC AMC announces final dividend of Rs 90 per share for FY25

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock

Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock

0
edit post
Neo-Luddite Hokum from Conservatives Strikes Again

Neo-Luddite Hokum from Conservatives Strikes Again

0
edit post
Top Wall Street analysts champion these 3 stocks for solid returns

Top Wall Street analysts champion these 3 stocks for solid returns

0
edit post
Crypto.com Applies for U.S. Bank Charter, Joining Coinbase, Ripple and Circle

Crypto.com Applies for U.S. Bank Charter, Joining Coinbase, Ripple and Circle

0
edit post
Here’s Why Walmart Doesn’t Allow You to Tap Your Credit or Debit Card for Payment

Here’s Why Walmart Doesn’t Allow You to Tap Your Credit or Debit Card for Payment

0
edit post
How Montenegro became the world’s fastest-growing hub for millionaires

How Montenegro became the world’s fastest-growing hub for millionaires

0
edit post
How Montenegro became the world’s fastest-growing hub for millionaires

How Montenegro became the world’s fastest-growing hub for millionaires

October 26, 2025
edit post
Gilat Satellite Networks hits four-year peak

Gilat Satellite Networks hits four-year peak

October 26, 2025
edit post
Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock

Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock

October 26, 2025
edit post
Top Wall Street analysts champion these 3 stocks for solid returns

Top Wall Street analysts champion these 3 stocks for solid returns

October 26, 2025
edit post
Links 10/26/2025 | naked capitalism

Links 10/26/2025 | naked capitalism

October 26, 2025
edit post
BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

October 26, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • How Montenegro became the world’s fastest-growing hub for millionaires
  • Gilat Satellite Networks hits four-year peak
  • Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.