The coronavirus (COVID-19) outbreak hit the financial markets hard during 2020. Some of Europe's largest banks, HSBC and Banco Santander saw market capitalization values almost half between December 31 and October 31, 2020. The end of October saw a number of banks slump from the previous month after what appeared to be the start of a turnaround during June.
Monthly market capitalization of Europe's largest banks since the coronavirus from December 2019 to April 2022 (in billion U.S. dollars)
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Statista. (May 6, 2022). Monthly market capitalization of Europe's largest banks since the coronavirus from December 2019 to April 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 18, 2022, from https://www.statista.com/statistics/1102735/market-capital-of-leading-european-banks-since-the-coronavirus-outbreak/
Statista. "Monthly market capitalization of Europe's largest banks since the coronavirus from December 2019 to April 2022 (in billion U.S. dollars)." Chart. May 6, 2022. Statista. Accessed May 18, 2022. https://www.statista.com/statistics/1102735/market-capital-of-leading-european-banks-since-the-coronavirus-outbreak/
Statista. (2022). Monthly market capitalization of Europe's largest banks since the coronavirus from December 2019 to April 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 18, 2022. https://www.statista.com/statistics/1102735/market-capital-of-leading-european-banks-since-the-coronavirus-outbreak/
Statista. "Monthly Market Capitalization of Europe's Largest Banks since The Coronavirus from December 2019 to April 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 May 2022, https://www.statista.com/statistics/1102735/market-capital-of-leading-european-banks-since-the-coronavirus-outbreak/
Statista, Monthly market capitalization of Europe's largest banks since the coronavirus from December 2019 to April 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1102735/market-capital-of-leading-european-banks-since-the-coronavirus-outbreak/ (last visited May 18, 2022)