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When are the big banks going to wake up?

Finance Minister Santander has said the banking system in India will be “the most resilient” in decades if a “good deal” is done to reform the banking sector. In an interview with the Financial Times on Thursday, Santander said the bank was still “trying to figure out the exact way to do things.”He said the banks […]

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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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How to invest your money for a better future

It’s been a rough week for the global economy.It’s also been a good one for the stock market, which has soared in the wake of President Donald Trump’s first major policy announcement: a withdrawal from the Paris climate accord.On Monday, the Dow Jones Industrial Average closed at a record high of 21,828.09, its highest closing […]

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