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Back to Home » January 2012 News » Banco Santander sees Q4 profit slide after charge |
Banco Santander sees Q4 profit slide after charge |
January 31, 2012
MADRID (AP) -- Spain's Banco Santander saw its fourth-quarter profits plunged 98 percent after it took a euro1.8 billion ($2.4 billion) charge to protect its Spanish real estate portfolio, and as it set aside cash to cover bad loans....
Source URL: http://hosted.ap.org/dynamic/stories/E/EU_SPAIN_EARNS_SANTANDER?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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