Santander’s private banking, asset management and insurance businesses made a total contribution to the group of €2.3 billion in 2021, up 12 percent year on year in a strong year for the Spanish banking giant.
This amount includes net profit and total generated net fees of taxes.
Overall, Banco Santander achieved an attributable profit of €8.1 billion in 2021, which compares to an attributable loss of €8.8 billion in 2020 which was put down to bad loans and foreign exchange movements...
Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@thewealthnet.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAM
