Banking, finance, and taxes
Euro Banks on the Rise for Merkel/Sarkozy (STD, BBVA, IRE, CS, UBS, DB, NBG, BCS, RBS)
Published:
Last Updated:
Spain is a particular winner. Banco Santander, S.A. (NYSE: STD) is up almost 5% at $7.94; and Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) has not traded but shares are indicated up around $8.90 in New York after a $8.53 close on Friday.
The Bank of Ireland (NYSE: IRE) is up almost 4% at $5.02.
The Swiss banks are on the rise as Credit Suisse Group (NYSE: CS) is up 2.6% at $25.25 and UBS AG (NYSE: UBS) is up 1.6% at $12.44.
Deutsche Bank AG (NYSE: DB) is up 1.2% at $40.48.
National Bank of Greece SA (NYSE: NBG) has not yet traded.
The British Banks are higher as well and they are technically not a part of the Euro Zone other than doing business in Europe. Barclays PLC (NYSE: BCS) is up 4.1% at $12.35; The Royal Bank of Scotland Group plc (NYSE: RBS) is up 5.9% at $7.15.
JON C. OGG
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.