Santander UK is facing backlash from small business owners after introducing charges to business accounts that were guaranteed to be 'free for life', resulting in accusations of broken promises and misleading conduct.
"Europe has strong fundamentals, debt-to-GDP is better, strong institutions," Botin said Tuesday in a Bloomberg Television interview, adding that she sees significant potential to invest there. "You just need to choose your country, your sector and your company."
This is an excellent deal for customers combining two strong and complementary banks, creating one of the most substantial banks in the UK and materially enhancing the competitiveness of the industry.