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Santander to pump up payments business in bid to boost valuation

Santander to pump up payments business in bid to boost valuation

© Reuters. FILE PHOTO: Banco Santander’s chairwoman Ana Patricia Botin speaks during the annual results presentation at the bank’s headquarters in Boadilla del Monte, outside Madrid, Spain January 29, 2020. REUTERS/Susana Vera/File Photo By Jesús Aguado and Rachel Armstrong MADRID (Reuters) – Santander (MC:SAN) expects to triple revenues in its payments business PagoNxt to around…

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MOVES Credit Suisse appoints new head of Italian private banking in expansion push

Credit Suisse (CSGN.S) has appointed UBS’ Italian head of ultra-high net worth clients Gabriele D’Agosta as head of private banking in the country as it seeks to expand in the domestic wealth market, it said on Wednesday.”Gabriele’s drive and experience will help further develop our team in Italy,” Credit Suisse’s European wealth management head Robert…

Slide in cryptocurrencies, other high-fliers, comes amid looming U.S. inflation worries

Slide in cryptocurrencies, other high-fliers, comes amid looming U.S. inflation worries

NEW YORK (Reuters) – A selloff in cryptocurrencies, high-growth stocks and other high-flying assets may be signalling a more cautious outlook among market participants after a stretch of rampant exuberance, investors and analysts said.FILE PHOTO: An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7,…