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BRIEF-CEO Of Spain s Santander Says Has Capacity To Undertake Share Buybacks, Is Not Contemplating Doing Bold Aquisitions
By Reuters Staff
July 28 (Reuters) - Chief Executive Officer Of Spain’s Santander, Jose Antonio Alvarez: SAYS HAS CAPACITY TO UNDERTAKE SHARE BUYBACKS, IS NOT CONTEMPLATING DOING BOLD AQUISITIONS Source text for Eikon: Further company coverage: (Reporting By Madrid Newsroom)
SAYS WILL ADDRESS POTENTIAL STAFF REDUCTIONS ARISING FROM NEW COST-CUTTINGS IN SPAIN IN THE FUTURE CHIEF FINANCIAL OFFICER LEOPOLDO ALVEAR SAYS THE BANK EXPECTS TO ALREADY REACH AN AROUND 12% CORE CAPITAL RATIO BY END-2021 Source text for Eikon: Further company coverage: (Reporting By Madrid Newsroom)