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UBS has lost its position as the most valuable bank in continental Europe, overtaken by Spain's Banco Santander after a significant drop in its share price, which fell 14% since US tariffs were imposed on April 2. Santander's market capitalization reached approximately 91.3 billion euros, while UBS's fell to about 85.7 billion euros. Analysts attribute UBS's underperformance to its heavy reliance on the US market and ongoing regulatory debates in Switzerland, contrasting with Santander's strong stock performance, which has risen over a third since January.
UBS has lost its status as the most valuable bank in Europe, with its market capitalization dropping to approximately 85.7 billion euros after a 14% decline in share price since April 2. In contrast, Santander's market cap stands at about 91.1 billion euros, while HSBC leads with 139.4 billion pounds (162.6 billion euros). Analysts attribute UBS's underperformance to its heavy reliance on the U.S. market, global diversification, and ongoing regulatory challenges in Switzerland.
UniCredit's CEO Andrea Orcel is navigating two potential takeover bids, one for Banco BPM and another for Commerzbank, amid political challenges in Germany. Analysts suggest there is room to enhance the offer for Banco BPM, possibly by including a cash component, while cautioning against excessive increases that could dilute shareholder earnings. Orcel's strategy reflects a broader consolidation trend in the Italian banking sector, with Banco BPM seen as a key target to strengthen UniCredit's position against larger rival Intesa Sanpaolo.
Johann Scholtz
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
santander surpasses ubs as top bank in continental europe amid market turmoil
British Pound Sterling
Euro
United States Dollar
Banco Santander, S.A.
BNP Paribas SA
UniCredit S.p.A.
ESP
CHE
ITA
FRA
GBR
Andreas Venditti
Ana Patricia Botin
Johann Scholtz
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19:09 20.04.2025
ubs loses top spot as europe's most valuable bank amid market turmoil
Swiss Franc
Euro
United States Dollar
British Pound Sterling
Banco Santander, S.A.
BNP Paribas SA
UniCredit S.p.A.
ESP
CHE
ITA
FRA
GBR
Andreas Venditti
Johann Scholtz
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06:00 19.04.2025
UniCredit's Orcel Weighs Dual Takeover Bids Amid Political Turmoil
Euro
Banco BPM S.p.A.
Banca Monte dei Paschi di Siena
Intesa Sanpaolo
Anima Holding SpA
Deutsche Bank RV Global PP
Commerzbank AG
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ITA
Hugo Cruz
Johann Scholtz
Filippo Alloatti
Andrea Orcel
Olaf Scholz
Giancarlo Giorgetti
Alessandro Boratti
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07:12 06.12.2024
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