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Santander Expects Higher Capital After Botin Boosts Profit

  • Spanish lender sees improving financial strength this year
  • Quarterly earnings beat estimates, boosted by unit sale
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WATCH: Santander Chairman Ana Botin discusses earnings, capital levels and U.S. growth.Source: Bloomberg
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Banco Santander SA expects to reach the higher end of its target for capital this year as the Spanish lender seeks to dispel persistent concerns that it needs to boost its financial strength.