Banco Santander and UBS Report Solid Results
Banco Santander reported its most profitable quarter in 12 years with attributable and underlying profits of €2.3bn, up 5% YoY. Annually, attributable profit stood at €8.1bn vs. €8.8bn loss in 2020. The strong results were driven by a rebound in economic activity,...
Potential Bidders for Citi’s Mexico Retail Operations include Santander
Potential bidders of Citigroup’s Mexican retail banking operations include Banco Santander as per sources, adding that Scotiabank and Grupo Financiero Banorte SAB de CV could also be interested. They added that talks were only in the early stages and Citigroup,...
Barclays, Santander, Deutsche Report Strong Profits
European banking majors Barclays, Deutsche Bank and Banco Santander reported strong results. Barclays reported quarterly attributable profits of £1bn ($2.9bn) vs. £90mn in 2Q2020. For the half year, its profits were at £3.8bn ($5.3bn) vs. £695mn ($968mn) in 1H2020....
