Before the bell: European banks briefly in spotlight
XLF•XLF•XLF•XLF•European bank results were in focus before the bell: UBS reported results largely in line, while Deutsche Bank, BNP Paribas, Santander and Standard Chartered beat top-line expectations. Deutsche Bank and BNP shares were each called up about 2% by traders, while Standard Chartered’s Hong Kong-listed shares rose around 8%.
UBS reported results largely in line, while Deutsche Bank, BNP Paribas, Santander and Standard Chartered beat top-line expectations. Traders called Deutsche Bank and BNP shares up about 2%; Standard Chartered’s Hong Kong-listed shares rose around 8%, while HSBC shares finished London trading Tuesday down 5.4%.
BASF raised its 2026 outlook for the second time this year. Dassault Systèmes raised its 2026 revenue and margin targets after reporting results. The updates came ahead of rate decisions from the Fed, Bank of Canada, ECB and BOJ, due by Friday.
