Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

Banco Santander and UBS Report Solid Results

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,...
Banco Santander’s Q3 Profits Up 24%

Banco Santander’s Q3 Profits Up 24%

Banco Santander reported a 24% jump net profits to €2.17bn ($2.5bn). Its profits were benefitted by a 12% decrease in loan loss provisions to €2.2bn ($2.6bn) and strong UK and US performance. The Spanish lender’s revenues rose 8% YoY to €11.9bn ($13.8bn)....
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