Santander's results for 2008 to be "magnificent"

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MrMark replied

28 January 2009, 20:10
Amazed. Santander say they will compensate clients who suffered losses in Madoff's fraud.

santander offer

It may be preferred shares (and not a 100% cash compensation) but it's still far more than I can see Uk banks doing. Although to be fair they don't have the money to do so.
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Purple Dalek replied

27 January 2009, 07:33
What's that definition of a stock-broker: "Someone who invests your money until it has all gone".
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MrMark started a topic Santander's results for 2008 to be "magnificent"

26 January 2009, 21:31
Santander's results for 2008 to be "magnificent"

But some shareholders are a little miffed:

bank article

hairman Emilio Botin Monday tried to soothe angry shareholders upset about recent setbacks at the Spanish bank, promising "magnificent" results for 2008.

Botin, speaking at a shareholders meeting in the city of Santander, Northern Spain, said results at the euro zone's largest bank by market value would be " among the best of the banking industry."
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