Santander Targets $1.4 Billion Cost Savings Amid $20 Billion Digitalization Plan

Banco Santander SA pledged to cut €1.2 billion ($1.4 billion) of annual costs and ramp up investment in digital and its prized Brazilian business as the Spanish lender seeks to revive its moribund share price. The Spanish banking group plans to achieve the incremental cost cuts over three to four years while investing €20 billion ...Read More

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