Key facts: Banco Santander faces potential compensation costs of £8.2-9.7 billion ($11-13 billion) due to the UK's motor finance mis-selling scandal, with over £2 billion already set aside.
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- Banco Santander faces potential compensation costs of £8.2-9.7 billion ($11-13 billion) due to the UK's motor finance mis-selling scandal, with over £2 billion already set aside.1
- Banco Santander has hired the ex-head of the British Army to boost its defense lending, responding to increased spending in the defense sector after the Ukraine conflict.2