Santander Strengthens Capital as Charges Sink Quarterly Profit

  • Bank's capital ratio grows to 10.05 percent as of December
  • Chairman Botin says Santander will not raise more capital

Santander's Profit Flop? Botin Says Still a `Good Year'

Banco Santander SA built up capital in the fourth quarter, easing investor concern about its ability to bolster buffers, as Spain’s largest lender booked charges that wiped out profit.

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