Santander explains UBS as the most prominent bank in continental Europe

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Santander has exceeded the most prominent bank in continental Europe after the market caused by Donald Trump’s tariff hit the Swiss lender more than its peers.

UBS shares fell nearly 15 percent since the US President announced a set of “mutual” definitions on April 2, which led to the sale of the market. The shares in the Spanish lender decreased only about 5 percent of that period.

Santander movements of a market value of 91.3 billion euros have left the market closure on Wednesday, as UBS, which has a market value, exceeded 85.7 billion euros, according to Bloomberg data.

The shift in parking is a symbolic transformation of Santander, which has struggled to increase the price of his reckless arrow over the past decade, and confirms the challenges facing UBS.

The Swiss Bank had retained the crown of the most lending in continental Europe since August 2023, after seizing Credit Suisse earlier of that year, and its market value was close to 120 billion euros in February this year.

However, the price of his share has greatly reduced their European peers in recent weeks.

Johann Schultz, an analyst at Mooringstar, said that the shares of UBS suffered after the announcement of the Trump tariff because it was “directly exposed to the United States market than other European banks”, with about a third of its revenues from the United States.

“UBS depends on the market-more than the ordinary European bank-as it is more diverse global than its peers, which is not useful if one assumes that the removal of science and geopolitical geopolitical tensions,” said Andreas Fente, an analyst at Fontopille.

Venditti added that the “continuous organizational debate” in Switzerland “remained the main reason” in the weak performance in UBS versus their European peers and the United States.

Last week, the UBS Colm Kelleher president came out of the proposed reforms of the rules of banking capital in Switzerland, which incited the bank against the country’s political and organizational institution in a public row. Speaking at UBS’s annual meeting, Kelleher said that “extremist” measures will force the lender to hold a 50 percent larger capital.

Meanwhile, Santander has been one of the best European banks shares this year, climbing the shares in more than a third since January.

Although some investors in the Spanish group have questioned the strategic logic of its various geographical property, the CEO of Anna Putin said earlier this month that the market “realizes the value of the group and the strength of our model.”

“I and the Board of Directors are convinced that by implementing our strategy, we will continue to generate profitable growth. There is still a large side.”

Most of the eurozone lenders have benefited from a gathering in the sector last year after a decrease in interest rates and record returns pledged to shareholders. The Euro Stoxx Banks, which tracks the largest lenders in the euro area, has increased by more than 20 percent since January, despite the last market turmoil.

Santander and UBS are followed in BNP Paribas and Unicredit classifications in France, which have market heads 80.9 billion euros and 78.9 billion euros, respectively. HSBC is still the most valuable lender in Europe, including the United Kingdom, with a market value of 137.8 billion pounds.

UBS and Santander refused to comment.