Santander profits rise on favourable business in UK

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Madrid Spanish banking giant Banco Santander said Wednesday that its profits grew strongly in the third quarter of this year, thanks in particular to a good performance in Britain and the United States.

Santander said in a statement that it booked a bottom-line net profit of 2.17 billion euros ($2.5 billion) in the period from July to September, an increase of 24 percent over the same period a year earlier. — AFP

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