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Banco Santander Surpasses UBS as Europe's Top Bank

4/17/2025

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Story summary

Banco Santander has claimed the title of continental Europe's most valuable bank, boasting a market cap of €91.3 billion, outpacing UBS at €85.7 billion. While UBS's shares plummeted nearly 15% amid U.S. tariff announcements, Santander's shares soared over 35%, showcasing the stark impact of trade tensions on these financial giants.

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Story summary

Banco Santander has claimed the title of continental Europe's most valuable bank, boasting a market cap of €91.3 billion, outpacing UBS at €85.7 billion. While UBS's shares plummeted nearly 15% amid U.S. tariff announcements, Santander's shares soared over 35%, showcasing the stark impact of trade tensions on these financial giants.