Europe’s Trading Desks Score Gains in Midst of Trump Tumult

Europe’s traders joined their Wall Street rivals in handing banks some of their best revenue hauls in years as President Donald Trump’s tumultuous trade policies rocked markets in recent months.

UBS Group AG said Wednesday its markets unit generated a record $2.5 billion in the first three months of the year, while Barclays Plc’s stock traders recorded their best quarter since 2022. Societe Generale SA said it saw a surge in equities trading revenue during the period and earlier this week Deutsche Bank AG’s touted that it was the best-ever start to the year for its traders.