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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…

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,…

GLOBAL MARKETS-Asian shares slip, bitcoin tumbles as inflation worries linger

GLOBAL MARKETS-Asian shares slip, bitcoin tumbles as inflation worries linger

TOKYO (Reuters) – Asian stocks dipped and cryptocurrencies extended losses on Wednesday as uncertainties over inflation prompted investors to reduce exposure to riskier assets for now.FILE PHOTO: A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonAlso weighing on digital coins was a new Chinese ban…