Santander, run by Ana Botin, wants to raise its return on equity to as much as 15 percent. That looks hard with the UK mired in Brexit, and Europe slowing, says CGAThompson:
Banco Santander on April 3 said it aimed to achieve annual cost savings of 1.2 billion euros as part of its mid-term targets. The Spanish bank also raised its target return on tangible equity, a measure of profitability, to between 13 and 15 percent in the medium term, and said it planned to maintain a common equity Tier 1 capital ratio of between 11 and 12 percent.
Santander also said it would slash the number of executives that sit on its management committee from 24 to 11.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Avenatti makes first appearance in California embezzlement, fraud caseAttorney Michael Avenatti arrived at U.S. District Court in Santa Ana, Californi...
और पढो »
After a gardener's truck was stolen, along with his rent money, cell phone, and equipment, officers stepped in and paid to replace it allThieves stole this California gardener's pickup truck, cell phone and landscaping equipment, along with $1,000 of rent money he'd been saving up for months. Police officers were touched by his story, so they chipped in money to replace it all.
और पढो »
Samsung C&T, Samsung Electronics almost double cost of finishing new chip lineSamsung C&T Corp and Samsung Electronics Co Ltd have almost doubled the size of ...
और पढो »
Discovery is doubling down on niche SVOD with a natural-history-focused serviceDiscovery is expanding its push into subscription streaming video with a new natural-history-focused SVOD service, per The Wall Street Journal.
और पढो »
Billionaire activist Tom Steyer differs with Pelosi, doubles down on demands for Trump impeachmentHedge fund billionaire and progressive activist Tom Steyer says he intends to stick with his efforts to promote the impeachment of President Donald Trump, even as many Democrats in Congress have quieted talk of such efforts after the investigation into Russian meddling concluded without further indictments
और पढो »
Trump administration doubles down on opposition to Puerto Rico funding, drawing criticism'President Trump does not value the lives of millions of American citizens who reside there,' said Rep. Nydia Velázquez.
और पढो »
Billionaire activist Tom Steyer differs with Pelosi, doubles down on demands for Trump impeachmentNEW: Billionaire activist Tom Steyer differs with Pelosi, doubles down on demands for Trump impeachment. 'I'm spending 100 percent of my time on this,' he told ABC News' 'The Investigation.' 🎧:
और पढो »
Trump White House doubles down on threat to close U.S.-Mexico borderMulvaney said it would take “something dramatic” to persuade President Trump to keep the border open.
और पढो »
GameStop is doubling down on its investment in surging esports industryGameStop announces a series of esports partnerships that deepen its foray into an industry projected to exceed $1 billion in revenue by the end of 2019.
और पढो »