Banco Santander (STD) yesterday shrugged off concerns about Spain's economy to post an expectations-beating 6 per cent rise in first-quarter profits, driven by Latin America and Britain.
UK profits surged by 15 per cent to £426m, and the bank, which has 13.4 per cent of Britain's existing mortgage stock, again outperformed, accounting for one in five home loans in Britain in the first three months of 2010.
Santander Soars Despite Spain Debt Fears - BusinessWeek
UK profits surged by 15 per cent to £426m, and the bank, which has 13.4 per cent of Britain's existing mortgage stock, again outperformed, accounting for one in five home loans in Britain in the first three months of 2010.
Santander Soars Despite Spain Debt Fears - BusinessWeek
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