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SANTANDER STRATEGY GROUP
Speaking in London with analysts and investors at the Banco Santander Group Strategy Update 2016, Ana Botin, Group Executive Chairman, said: “We have a clear and consistent strategy that is helping us earn the loyalty of customers across our 10 core markets. Our business model is continuing to generate predictable and sustainable returns and we are delivering on our financial and commercial commitments, despite the challenging environment.”
Banco Santander has announced today the launch of a committee to develop instant global payments in collaboration with other entities. These include: Bank of America Merril Lynch, Unicredit, Standard Chartered, Westpac Banking Corporativo and Royal Bank of Canada. The committee, known as the “Global Payments Steering Group”, will be tasked with the creation and upkeep of regulations applicable for international transfers using blockchain technology developed by the US startup Ripple.