MADRID, Oct 25 - Santander may consider looking into acquiring a mortgage portfolio from Metro if the British bank decides to put it up for sale, the Spanish bank's Chief Executive Officer Hector Grisi said on Wednesday.
Metro, seeking to bolster its finances after a string of setbacks, earlier this month announced a 325 million pound capital raise and 600 million pound debt refinancing. The bank also said it was in discussions regarding the sale of up to 3 billion pounds of residential mortgages. "We have to review it, we have to analyse it and then we will make a decision whether we go ahead or not, but it is always important to analyse it," Grisi said when asked at a news briefing about the bank's potential interest in the portfolio.
"Today the truth is that I don't know whether Metro will end up doing something or not, whether it will sell a portfolio or not."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Wall Street drifts lower as pressure rises from the bond marketNEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
Source: SooToday - 🏆 8. / 85 Read more »
Stocks rise amid earnings deluge, with big techs to come: Stock market news todayStocks rose as investors await results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
US futures rise amid earnings deluge, with big techs to come: Stock market news todayEyes are on results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports on Tuesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks rise amid earnings deluge, with Big Tech to come: Stock market news todayStocks rose as investors awaited results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks rise amid earnings deluge: Stock market news todayStocks rose as investors awaited results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks close mixed as yields recede from 16-year highs: Stock market news todayThe 10-year Treasury yields passed a key milestone on Monday morning but whipsawed lower in a volatile day for bond market action.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »