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 coronavirus, according to the annual report sent to the National Securities […]
Tag: Santander Bank
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 old Banco Santander will reduce its workforce by 3,572 employees early […]
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 he has demanded an orderly and rapid solution, including international cooperation, […]
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 group of local shareholders headed by Leonardo Del Vecchio. However, […]
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 transactions, known as ‘tasa Tobin’. This is clear from the list […]
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’ to 50 years of age, paying Social Security contributions to those […]
Barcelona’s iconic Tres Chimeneas probing the UN and WHO to be their headquarters in southern Europe
The investment of the EU to go back after the Covid is also longed for to unravel one of the main urban projects in the making in Catalonia: the remodeling of the inoperative power station of the Three Chimneys, between Sant Adrià de Besòs and Badalona, which aspires to host a headquarters of international relevance […]
The meeting dismisses Abengoa’s board and its restructuring remains open
The Abengoa general shareholders’ meeting has approved this Tuesday the cessation and rejection of the board of directors of the company for its management of the debt restructuring agreements that it reached with the banks, with which the agreed restructuring remains in the air. As Abengoa has informed the National Securities Market Commission (CNMV), the […]
The Catalan administrations do not sanction the lack of social rents that stop evictions
Elsa Gabriela Garcia he found the floor bricked up when he returned from the hospital. Had come to pay 200 euros per month for a room at home, located in the neighborhood of Meridian City, the one that declares less income in Barcelona. She was able to afford the room until sickness incapacitated her. Several […]
The Basque Government launches an issue of sustainable bonds for 600 million that will finance 86% expenses derived from the Covid-19 crisis
The Basque Government will launch a new issue of sustainable bonds worth 600 million euros. This will be the fourth issuance of this type of bonds that are destined to sustainable and social policies, although on this occasion the percentage destined to the social, health and education part will be higher “in order to face […]