Printer Friendly

Santander happy with Italian investments.

Global Banking News-11 September 2009-Santander happy with Italian investments(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 11 September 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Banco Santander SA (NYSE: STD) (SAN.MC) chairman Emilio Botin has said that he is very happy with the bank's Italian investments, reports Dow Jones.

Santander has investments in Italian merchant bank Mediobanca SpA (MB.MI) and Europe's third-largest insurer, Assicurazioni Generali SpA (G.MI), as well as business operations in private banking and consumer credit.

'Generali is a very good company, Bernheim, its chairman, is fantastic,' Botin said, without commenting on the possible interest in Intesa Sanpaolo SpA's (ISP.MI) unit Banca Fideuram.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))
COPYRIGHT 2009 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Sep 11, 2009
Words:138
Previous Article:Summit Bank names VP and branch manager for the Walnut Creek branch.
Next Article:Pioneer Bankshares declares dividend.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters