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UBSK Crown loses the most valuable banking of continental Europe for Santander


Santander building in London.

Luke MacGregor | Bloomberg via Getty Images

Spanish loan Santander Bank The Swiss giant eclipsed UBS The largest bank of Continental Europe according to market capitalization, as the US rates are extracted through the regional banking sector.

UBS – After the President of Washington’s trade and mutual commitments, he was a market cap market for Washington’s trade ($ 97.23 million).

The shares of both banks diverted in recent months, with 17.2% empowering the Swisser, as Banco Santander won almost 35%, according to Leg data.

Both banks, along with the broader European banking sector, have been exposed to the imposition of white-housing trading policies, the future of a recession in the country against rates and the US

Washington imposed 20% rates on the imports of the European Union, but it fell to 10% below the 90-day step that Trump has announced.

Switzerland – not a member of the EU, 31% faces has a break lift and also threatened by additional duties of drugs imported by the Trump Administration. This could hit the Swiss drug industry “growing hard” In the fourth quarter And “significantly contributed” to the exports of the country.

The European Union banks received a greater boosted boost European Union Return Initiative In March to release the regional fiscal rules and activate more loan activities to promote the defense expense.

US exposure

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The USA is a key market for the main distribution of the Global Management of the UBS Global Wealth, as the Swisser lender was concentrated in the wider American region last year, according to the annual report.

UBS’s Outlook have been certificates and rugged secrets from Swiss authorities. This has its own task extensions to absorb the subsensea of ​​home credit, from which he inherited a significant U.S. presence. Borrower Hope it is For more clarity about these instructions next month.

UBS’s profitability can also affect Swiss Franc.

It appreciates the Swiss currency. Local trading groups were harmful caused by exports, although the country could be depressed in the country, see that the Swiss national bank makes more defense cuts to interest rates, which is already reduced by 0.25% in March.

Compared, the European Central Bank is also very expected on Thursday, also cutting a Tim’s deposit installation rate on Thursday, although this will take 2.25%.

The ECB said in March in the ECB, “he said he was becoming a more meaningful”.

The declines of national interest rates usually weigh the income income of the income income of lenders of lenders.

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