Bank profits soaring

[Canarian Weekly]

SANTANDER, boosted by earnings from its lending business and with charges on soured loans dropping, has posted a near-70% jump in fourth-quarter profit from a year earlier, The Spanish bank, the eurozone’s largest, said net profit was 1.46bn euros (£1.1bn) in the October-December period – slightly below forecasts for a 1.47bn-euro quarterly profit. It was […]

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