Finance
European bank shares on course for bear market
Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
European bank shares drop over 20%, entering a bear market due to trade war fears. Major banks like Deutsche Bank and Barclays face significant losses.
(Reuters) -An index of European banking <.SX7P shares fell 4.8% on Monday, falling more than 20% from recent closing high and leaving it on course to confirm it is in a bear market.
The decline extended into a third day as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.
Together with the losses over the past two trading days, the index had fallen by more than 18% on Monday.
Germany's Commerzbank, Deutsche Bank, France's Credit Agricole, Societe Generale, BNP Paribas were all down between 9% and 10%.
Britain's Barclays was down 9%, HSBC dropped around 5%.
Banking stocks elsewhere also tanked, with an index of Japanese bank stocks plunging as much as 17%.
(Reporting by Anastasiia Kozlova, Anna Pruchnicka, editing by Alun John and Amanda Cooper)
The article discusses the decline of European bank shares into a bear market due to fears of a trade war and global recession.
Major banks like Deutsche Bank and Barclays have seen significant share price drops, with declines between 9% and 10%.
The market decline was triggered by US President Trump's tariffs, raising fears of a trade war and global economic recession.
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