Bank of Japan Expands Asset Purchases
Japanese stocks rose, with the Topix Index extending an eight-month high, as Mitsubishi UFJ Financial Group Inc. led lenders higher after the Bank of Japan expanded its asset-purchase plan the third time in four months.
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Santander Seen Little Impact From Brexit So Far: Cantera
59:40 - Banco Santander SA beat analyst estimates with a third-quarter profit that was barely more than flat, as Brazil and its European consumer finance business helped offset a Brexit-induced drop in U.K. revenue. For the three months through September, net income rose 0.9 percent to 1.7 billion euros ($1.85 billion) from 1.68 billion euros a year earlier, Spain’s biggest bank said Wednesday in a regulatory filing. The results beat the 1.54 billion-euro average estimate in a Bloomberg survey of six analysts. CFO Jose Antonio Garcia Cantera says the U.K. is a market where Santander wants to grow organically, in phone interview with Guy Johnson in London and Caroline Hyde in Berlin on "Bloomberg Markets: European Open."