Santander takes 600 mln euro impairment, makes board changes
28 Nov Santander takes 600 mln euro impairment, makes board changes
Posted at 07:41h
in
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by KMFSLLP
MADRID, Nov 29 (Reuters) – Spain’s largest bank Santander
said it would take an impairment charge of 600 million
euros ($711 million), mostly due to its U.S. consumer finance
group, a move it said would hit fourth quarter earnings.
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