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Ana Botin, head of Santander, reassured that the UK operations are not for sale, emphasizing their importance and profitability despite recent leadership changes and regulatory challenges. As she approaches her 65th birthday, Botin remains committed to her role, aiming to enhance the bank's performance amid scrutiny over its share price and strategic direction.
Santander's executive chairman, Ana Botin, has refuted claims that the bank is considering exiting the UK market, emphasizing its importance as a core market. Despite her reassurances, analysts express skepticism, noting that Santander's UK returns have consistently fallen short of expectations for nearly two decades. The bank recently set aside £295 million for potential compensation related to mis-sold car loans, highlighting its significant exposure in the UK.
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ana botin affirms santander's commitment to the uk market
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19:00 01.02.2025
santander denies uk exit rumors amid ongoing market challenges
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15:44 22.01.2025
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