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Smart通 ADR Statistics | April 18.
On Thursday, the three major U.S. stock indices had mixed performance, the HSI ADR declined, closing at 21,150.38 points, down 244.76 points or 1.14% compared to the Hong Kong market close.
Express News | HSBC Bank PLC Early Repurchase(S)
Express News | HSBC Downgrades Gold Fields to Hold, Announces $21 Price Target
HSBC Lifts Catrion Catering PT, Reiterates Hold Rating
HSBC Holdings (HSBA) Gets a Buy From Goldman Sachs
Banco Santander's Market Cap surpassed UBS Group, becoming the largest bank on the European continent.
By market cap, Banco Santander is now the largest bank in continental Europe, surpassing UBS Group. The stock price of this Spanish bank has soared this year, reaching a market cap of 91 billion euros (104 billion dollars). Meanwhile, UBS's stock price has plummeted, with its valuation shrinking to 86 billion euros, as the bank faces the possibility of Switzerland significantly raising capital requirements. HSBC Holdings from the United Kingdom remains the largest bank in Europe, with a market cap of 139 billion British pounds (184 billion dollars). Although Banco Santander's stock price has taken a hit in recent weeks, investors are concerned about the health of the banking sector in Europe, as well as the potential for greater public spending in the region.
