Santander : Work in progress…
>Opérationnel : l’essentiel est assuré - Santander a publié un T1 2019 relativement solide, selon nous, avec un RN s’établissant à 1.84 Md€ (+3% vs consensus) et un RCAI à 3.68 Md€ (+3% vs consensus) drivés par la bonne maitrise des coûts et un coût du risque plus limité que prévu.Message globalement confiant du management en dépit d’un environnement reconnu comme difficile YTD – confirmation des guidances/objectifs sans réelle surprise alors qu’un nouveau plan s...Banco Santander is a holding company, providing a range of financial products. Co.'s products and services include: retail banking business that covers all customer banking businesses; wholesale banking business; as well as asset management and insurance business. Co.'s principal operations are in Spain, the U.K., Portugal, Germany, Italy and Latin America. As of Dec 31 2014, Co.'s total assets amounted to Euro1,266,296,000,000 and total customer deposits amounted to Euro647,627,000,000.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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