BME:SANBanks
Banco Santander Profit Plan Weighs AI Efficiency Against ESG Concerns
Banco Santander (BME:SAN) has set out a multi-year plan aiming for higher profits by 2028, centered on AI driven efficiency and new growth targets.
The bank is pairing these financial and operational objectives with updated sustainability commitments, after criticism for relaxing some climate targets.
Board changes accompany the plan, including the appointment of a new independent director as part of a broader governance refresh.
Banco Santander is a major European banking group with global...