|Bid||2.9070 x 0|
|Ask||2.9015 x 0|
|Day's range||2.8810 - 3.0050|
|52-week range||1.4394 - 3.5090|
|Beta (5Y monthly)||1.74|
|PE ratio (TTM)||10.23|
|Earnings date||27 Oct 2021|
|Forward dividend & yield||0.03 (0.90%)|
|Ex-dividend date||30 Apr 2021|
|1y target est||6.17|
Spain's Santander is in negotiations with about 210 employees in Portugal as part of a wider cost-cutting plan that affects 11% of its workforce there, a source with knowledge of the matter said. According to an internal memo from June seen by Reuters, the bank is offering early retirement to employees over 55 years and a compensation package corresponding to time served. The source said that about 475 employees of a total of 685 affected by the cost-cutting plan had accepted the bank's conditions, adding that the bank was now in negotiations with the rest.
MADRID (Reuters) -A court hearing of a case brought by Italian banker Andrea Orcel against Santander over the bank's withdrawal of an offer to make him CEO is expected to resume on October 20, a statement from the Madrid court said on Tuesday. Santander and Orcel ended up in the Madrid court after Spain's largest bank dropped plans in January 2019 to make UBS investment banker Orcel its CEO after a dispute over his pay package. Santander declined to comment, while Orcel's legal team was not immediately available.
Santander, HSBC UK and Lloyds Bank have launched new cash switching offers.