Santander CFO on Earnings, Interest Rates, Brexit, Orcel

The video features an interview with Antonio Garcia, CFO of Santander, discussing the bank's restructuring efforts, performance, and strategies for growth amidst challenges like low interest rates and Brexit. Key topics include the impact of digital transformation, capital increases for the Mexican subsidiary, and legal issues. The discussion also covers the competitive UK market and Santander's focus on cost management and strategic goals.

What is the main reason for Santander's restructuring efforts in Spain and Poland?

• To expand their physical distribution network

• To increase the number of branches

• To improve revenue growth and efficiency

• To focus solely on North American markets

How is Santander mitigating the impact of negative interest rates in Europe?

• By closing all physical branches

• By increasing the number of loyal and digital customers

• By investing heavily in real estate

• By reducing the number of employees

What is the purpose of Santander's capital increase in Mexico?

• To buy back minority stakes

• To raise the capital ratio significantly

• To fund a new digital platform

• To expand into new markets

How is Santander preparing for potential outcomes of Brexit in the UK?

• By increasing their physical branch network

• By reducing their customer base

• By focusing on serving their existing customers

• By relocating their headquarters

What is Santander's strategy to handle competition in the UK mortgage market?

• Focusing on high-risk loans

• Expanding into other European countries

• Cutting costs and managing credit risk

• Increasing mortgage rates

What is the focus of Santander's strategic plan mentioned in the video?

• To achieve a return on tangible equity of 13 to 15%

• To double the number of physical branches

• To reduce digital customer engagement

• To focus solely on the South American market

What is the main focus of Santander's day-to-day operations according to the video?

• Delivering on their strategic targets

• Expanding into new markets

• Increasing the number of employees

• Resolving legal issues