Botin’s Santander does not agree with Dimon, where you see “upside down” for Europe only

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Anna Putin, CEO of Banco Santander SA with Jimmy Damon’s pessimistic expectations at JPMorgan Chase Chase & Co.

Putin said on Tuesday in a Bloomberg television interview: “Europe has strong basics, the debts to GDP are better and strong institutions,” adding that it sees great potential for investment there. “You just need to choose your country, your sector and your company.”

The main BOTIN focus in the late was the Americas, including the United States, as it built the investment bank by employing Wall Street talent. Santander is also launching its digital offer, OpenBank has pledged, through most North America, to help attract deposits, to two billion dollars of investments in Mexico and obtained a bank license to Canada.

The value of European banks has multiplied over the past three years, while their peers stagnated in the United States when adjusting currency fluctuations. Amidst that background, Putin said it does not agree to evaluate the negative Damon of the region in Comments last week In Dublin, the CEO of JPMorgan said that the European Union “has a big problem” in competitiveness.

“South Europe today has a higher growth than most of the United States,” she said.

A droning BOTIN recently accelerated Dealmaker makers in most of her period of time, which has recently accelerated with strategic transactions as it retreats from some markets to focus on other regions. This month, Santander agreed to purchase the TSB retail lender for 2.65 billion pounds ($ 3.55 billion) to strengthen its position in the United Kingdom.

The deal came a few weeks after Santander, the largest bank in Spain, which has left many of its Polish operations in a deal worth 7 billion euros.



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