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Santander shares fall as bank cuts staff and lowers dividend amount

Santander SA (SANT) has cut staff by 2,500 as it cuts its revenue forecast for the next 12 months, and lowered its dividend to 7.25% as it seeks to reduce its $10.9 billion capital deficit.The company’s share price fell 3.8% to $28.57 in after-hours trading.S&P 500 index futures dropped 0.7%.The bank has cut more than […]

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