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Santander: 2nd quarter net profits increased by 14%

Spanish bank Santander said its second-quarter net profit rose 14% year-on-year, mainly thanks to higher revenue in Europe and the Americas, partially offset by higher forecasts in Brazil and the US . The eurozone's second-biggest bank by...

Santander: Increases wages of more than 11,000 employees by 4%

Santander has become the latest bank to decide to help its staff cope with the cost of living, saying it will give more than 11,000 staff a 4% pay rise. All staff earning less than £35,000 ($42,039),...

The Bank Of Spain Warns That Entities Are Facing A New Increase In Bankruptcies And Requests Aid Only For Viable Companies

The Bank of Spain warns that the balance sheet clean-up process that financial institutions have carried out in recent years has come to a halt as a result of the pandemic. Doubtful or failed loans that banks must prevent with provisions that allow absorbing...

Banks start the ‘green’ race to decarbonise 12,000 million euros of their balance sheet before 2030

Banks have started the great race towards the decarbonization of their balance sheets to adapt to the objectives of the fight against climate change and reduce their exposure and risk to the sectors and companies that postulate themselves as big losers of the great...

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...

Operators launch into finance: MásMóvil will offer loans of up to 60,000 euros

MasMovil breaks into the consumer credit sector, which will reach up to 60,000 euros for its clients through MoneyGo. The operator, which controls the Xfera Consumer Finance company in which Cetelem also participates, enters into new financial services, which will include another service such...