We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Core problem

13 October 2008 By Fiona Maharg-Bravo

The Spanish bank is snapping up rivals cheaply. When the dust settles, its core Tier 1 capital ratio will be about 6%. That may be all right for a heavily retail bank. But markets are fickle, and rivals are increasing their cushions. Santander should consider doing the same.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)