European Banks Could See Longer-Term Implications From Trump Win -- Market Talk

Dow Jones11-06

0841 GMT - The first-order implications for European financials from the U.S. election are limited overall, Citi analysts say in a research note as a Republican victory looks increasingly likely. There are longer-term implications for European banks, however, given the future rates and foreign-exchange trajectory, the knock-on impact of new tariffs--relevant for China and Mexico-exposed companies--and potential deregulation of U.S. peers, analysts write. "Banks which could be beneficiaries of a potential Republican clean sweep - UBS, Julius Baer, BNP and SocGen, whereas the impact is likely to be more mixed for others, and likely to be viewed as negative for BBVA, German and Swedish banks in our view," they add. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

November 06, 2024 03:45 ET (08:45 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481629539?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-06 16:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481629539","market":"sh","top_or_hot":-1,"title":"European Banks Could See Longer-Term Implications From Trump Win -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0841 GMT - The first-order implications for European financials from the U.S. election are limited overall, Citi analysts say in a research note as a Republican victory looks increasingly likely. There are longer-term implications for European banks, however, given the future rates and foreign-exchange trajectory, the knock-on impact of new tariffs--relevant for China and Mexico-exposed companies--and potential deregulation of U.S. peers, analysts write. \"Banks which could be beneficiaries of a potential Republican clean sweep - UBS, Julius Baer, BNP and SocGen, whereas the impact is likely to be more mixed for others, and likely to be viewed as negative for BBVA, German and Swedish banks in our view,\" they add. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 06, 2024 03:45 ET (08:45 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>European Banks Could See Longer-Term Implications From Trump Win -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuropean Banks Could See Longer-Term Implications From Trump Win -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-06 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0841 GMT - The first-order implications for European financials from the U.S. election are limited overall, Citi analysts say in a research note as a Republican victory looks increasingly likely. ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4135","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481629539","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481629539","pubTimestamp":1730882700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0841 GMT - The first-order implications for European financials from the U.S. election are limited overall, Citi analysts say in a research note as a Republican victory looks increasingly likely. There are longer-term implications for European banks, however, given the future rates and foreign-exchange trajectory, the knock-on impact of new tariffs--relevant for China and Mexico-exposed companies--and potential deregulation of U.S. peers, analysts write. \"Banks which could be beneficiaries of a potential Republican clean sweep - UBS, Julius Baer, BNP and SocGen, whereas the impact is likely to be more mixed for others, and likely to be viewed as negative for BBVA, German and Swedish banks in our view,\" they add. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4135":"资产管理与托管银行","BBVA":"西班牙外换银行","BK4566":"资本集团","BNPQY":"BNP Paribas","IE0034235071.USD":"PINEBRIDGE EUROPE RESEARCH ENHANCED EQUITY \"A\" (USD) ACC","LU1829250122.USD":"高盛欧洲核心股票组合Acc","BK4118":"综合性资本市场","BK4552":"Archegos爆仓风波概念","BK4207":"综合性银行","JBAXY":"Julius Baer Group Ltd.","CRZBY":"Commerzbank AG","DB":"德意志银行","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","SCGLY":"Societe Generale","SWDBY":"Swedbank AB","UBS":"瑞银","BK4588":"碎股"},"translate_title":"欧洲银行可能会看到特朗普获胜的长期影响——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BNPQY":0.9,"UBS":0.9,"SWDBY":0.9,"SCGLY":0.9,"JBAXY":0.9,"DB":0.9,"CRZBY":0.9,"BBVA":0.9},"content_text":"0841 GMT - The first-order implications for European financials from the U.S. election are limited overall, Citi analysts say in a research note as a Republican victory looks increasingly likely. There are longer-term implications for European banks, however, given the future rates and foreign-exchange trajectory, the knock-on impact of new tariffs--relevant for China and Mexico-exposed companies--and potential deregulation of U.S. peers, analysts write. \"Banks which could be beneficiaries of a potential Republican clean sweep - UBS, Julius Baer, BNP and SocGen, whereas the impact is likely to be more mixed for others, and likely to be viewed as negative for BBVA, German and Swedish banks in our view,\" they add. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 06, 2024 03:45 ET (08:45 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481629539"}