• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Spanish banks lose €26.723 billion in market value despite record profits

FinanceInternationalmerca2.es15 s readAI summary
Image: merca2.es

The six largest banks on the IBEX 35 lost €26.723 billion in market capitalization in the week they reported record results, according to merca2.es. BBVA and Santander bore the brunt of the selloff. Within the IBEX, only Unicaja escaped the trend described by the outlet.

Read the full story at merca2.es

IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.

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