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Ana Botín earned 6.81 million as president of Santander in 2020, 31% less than in 2019

The president of Banco Santander, Ana BotÃn, received a total remuneration of 6.81 million euros in 2020, 31.5% below the 9.95 million he earned in the previous year, after having decided to halve his fixed salary and bonus due to the pandemic of the...

Banco Santander loses 8,771 million in 2020 due to provisions and write-offs

The entity increases the provisions for the coronavirus and assumes a deterioration of 12,173 million in the value of its subsidiaries in the United Kingdom, the United States and Poland Pandemic Banco Santander earns 40.8% less until September due to provisions From 50 years...

Botín calls in Davos for speed and international cooperation to compete with fintech companies

The president of Banco Santander, Ana BotÃn, considers that digitization represents a "huge opportunity" for the financial sector, although in her speech at the World Economic Forum she underlined the importance of establishing a level playing field to compete with new players for which...

UniCredit finalizes the signing of former UBS president, Andrea Orcel, as new CEO

UniCredit is considering appointing Italian banker Andrea Orcel, former UBS president, as its new CEO, sources close to the negotiations told Reuters. The figure of the executive began to sound strongly for the position thanks to the support of the bank's international investors and a...

Santander, Inditex, AENA and Red Eléctrica, among the 56 Spanish listed companies to which the ‘Tobin rate’ will be applied

The Tax agency has encrypted in 56 the number of listed Spanish companies whose shares, as of December 16, 2020, had a market capitalization value of more than 1,000 million euros and whose purchase of titles will be applied the new tax on financial...

Santander will take early retirement for 50 years to reduce its workforce by 3,572 employees and ‘outsource’ to another 1,100

Banco Santander and the unions have reached an agreement in principle in the ERE that have been negotiating for weeks to reduce the group's workforce by 3,572 people. The financial entity has agreed in its final proposal to lower the age of 'early retirement'...