Cfo about politics, the economy and the integration of popular. And jes staley tells us the bank is stronger and fitter. Is the same true of Deutsche Bank . Matt will go to the ecb, it is a big game and day in frankfurt. Waiting. Ay of we do need to see what is draghi. G with mario and this is , the banks are the key but central and commercial. Lets show you what is happening in the gmm and give you a sense of what is going on. Interesting day yesterday, the mexican markets in focus. The s p down. 5 of 1 . In terms of moves, those are decent sized moves for some of the biggest benchmarks out there around the world. Currencies this morning, the ones trading higher are the resilient ralph brazilian real. Higher, therading yen is up by. 2 of 1 . Heres juliette saly. Juliette Deutsche Bank has reported a bigger than expected drop in thirdquarter trading revenue as europes Largest Investment Bank keeps losing ground to rivals. Declined 30 from a year earlier. Worse than the 15 decline and t
BBVA's share price has more than trebled since late 2020, narrowing its valuation gap to Santander and highlighting a divergence in fortunes between the Spanish banks that may be short-lived. Both trace their roots to 1857 and neighbouring northern Spanish cities, but Santander emerged as the dominant bank in Spain with more than twice the assets of BBVA and, until very recently, a far larger market capitalisation. But the gap has narrowed from 20 billion euros ($22 billion) three years ago to around 5.5 billion euros, raising questions about which has got their strategy right.
BBVA s share price has more
than trebled since late 2020, narrowing its valuation gap to
Santander and highlighting a divergence in fortunes between the
Spanish banks that may be short-lived. .
Analysis-Spain s Battle of the Banks as BBVA Narrows Gap to Santander usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
By Jesús Aguado MADRID (Reuters) - BBVA's share price has more than trebled since late 2020, narrowing its valuation gap to Santander and highlighting a divergence in fortunes between the Spanish banks that may be short-lived. Both trace their root.