Santander CFO Discusses Trade, Banking Consolidation, Latin America

The video discusses the impact of global trade tensions and Brexit on banking, highlighting the bank's diversified portfolio and minimal current impact. It covers the bank's strategies for dealing with economic uncertainty, including cost-cutting and capital management. The bank's positive outlook on Latin American markets, particularly Mexico and Brazil, is emphasized. The video also addresses digitalization efforts and future concerns related to economic policies and market uncertainties.

How does the bank view the impact of trade tensions on its operations?

• No impact at all

• Positive impact on growth

• Minor impact due to diversification

• Significant negative impact

What is the bank's stance on Brexit's effect on its operations?

• Directly affected by passporting issues

• Indirectly affected by economic performance

• Benefiting from Brexit

• Not affected at all

What strategy is the bank employing to deal with low interest rates in Europe?

• Increasing interest rates

• Aggressive cost-cutting

• Expanding into new markets

• Merging with other banks

How is the bank planning to improve its capital levels?

• By increasing its capital requirements

• By reducing its operations

• By acquiring more banks

• By maintaining a diversified business model

What is the bank's outlook on its business in Mexico?

• Neutral with no expected growth

• Pessimistic due to trade wars

• Negative due to high competition

• Optimistic due to favorable demographics

What is the bank's approach to digitalization?

• Focusing only on traditional banking

• Ignoring digital trends

• Slowing down digital transformation

• Accelerating digitalization and launching global platforms

What are the main areas of concern for the bank in the next 24 months?

• None, the bank is confident

• Only Brexit

• Only trade tensions

• Trade, Brexit, and central bank policies