The operation will be performed through a book-building process. Santander also announced it will improve dividend policy. The capital increase is the first major operation undertaken by Ana Patricia Botín as the bank’s new chairwoman.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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