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SAN share (Madrid) Positivo_GB 5.63 | 1.17% | 18:00

Banco Santander has today increased its return on tangible equity (ROTE) target for 2018.  The target has increased from 11% to over 11.5% due to an improving economic outlook in a number of the Group’s core markets. The change in target has been confirmed at Banco Santander’s 2017 ‘Group Strategy Update’ which has taken place today at the New York Stock Exchange. The event, attended by close to 200 analysts and investors, has been held in New York for the first time.