Santander’s Botin plans push in US corporate banking for renewables, auto lending

Santander’s Botin plans push in US corporate banking for renewables, auto lending

Ana Patricia Botin, chairwoman of the Spanish bank Santander, speaks during the annual results presentation at the company’s headquarters in Boadilla del Monte, outside Madrid, Spain, February 2, 2023. REUTERS/Violeta Santos Moura Acquire Licensing Rights NEW YORK, Nov 9 (Reuters) – Banco Santander Executive Chair Ana Botin plans to deepen the lender’s corporate banking presence … Read more

Wall Street ends down, investors step back after Fitch US rating cut

Wall Street ends down, investors step back after Fitch US rating cut

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid/File Photo Fitch cuts US credit rating to AA+ Wells Fargo slides on plan to help refill FDIC coffers U.S. private payrolls beat expectations in July, ADP says Indexes down: Dow 0.98%, S&P 1.38%, … Read more

Daimler Truck hits double-digit return on sales in industrial business

Daimler Truck hits double-digit return on sales in industrial business

BERLIN, Aug 1 (Reuters) – Daimler Truck (DTGGe.DE) achieved a record adjusted return on sales in its second quarter of 10.3% for its industrial business making trucks and buses, the company said on Tuesday, boosted by considerable growth in its North America and Asia business. Unit sales rose by 9% with revenue up 15%, indicating … Read more