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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.504 EUR | -0.89% |
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+1.14% | +19.02% |
| 10:20am | Venture Life renews revolving credit facility with Santander and HSBC | AN |
| Apr. 18 | SANTANDER : UBS reiterates its Buy rating | ZD |
SANTANDER, Spain (Reuters) - Santander will book charges of 100 million euros (£86.5 million) in the first quarter as part of its ongoing cost cuts in the United Kingdom and Poland that involve branch closures.
"Finally, net charges totalling approximately 100 million euros, which includes the current optimization processes in the United Kingdom and Poland," chief executive Jose Antonio Alvarez told shareholders in an annual meeting, without elaborating further.
In January, Santander announced plans to shut almost one-fifth of its branch network in Britain, expected to result in around 840 job losses.
(Reporting By Jesús Aguado; editing by Andrei Khalip)
| 1st Jan change | Capi. | |
|---|---|---|
| +19.02% | 75.82B | |
| +6.55% | 523B | |
| +6.19% | 281B | |
| +7.59% | 251B | |
| +19.34% | 206B | |
| +12.75% | 172B | |
| +4.73% | 159B | |
| +0.52% | 149B | |
| -10.24% | 136B | |
| -0.36% | 137B |
BANCO SANTANDER, S.A. 
