Market volatility spurred by Trump tariffs was a boost for Europe's banks
1. Several European banks reported better-than-expected profits amid market volatility. 2. UBS, Barclays, Deutsche Bank, and HSBC benefited from increased trading activity. 3. Tariff-driven volatility due to US administration changes affected market performance. 4. UBS reported net profits of $1.7 billion, exceeding analyst estimates. 5. HSBC announced a share buyback of up to $3 billion amid profit increase.