Banco Santander had its work cut out for it in 2015, as it planned to raise additional capital in order to quell investor fears that its buffer against potential losses was too thin. But by all accounts, newly minted Executive Chairman Ana Botín was able to steer the Spanish bank through the year successfully. The firm was able to increase its net interest income by 8.9% from 2014, despite the continued struggles of the Spanish economy, where the firm is based. That’s mostly due to Santander’s massive global presence, especially in faster-growing Latin America.
News about Banco Santander
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