International Finance

Tag : profit

Banking

Banco Santander’s Q4 profit rose to 1.6 billion euros

For 2016, Spain’s biggest bank reported net profit of 6.2 billion euros IFM Correspondent January 27, 2017: Banco Santander SA said fourth quarter profit rose to 1.6 billion euros on lower provisions for bad loans and higher income from fees and from its business in Brazil. Spain’s biggest bank boasted a 4 percent rise in...
Fintech

Turner & Townsend grows global turnover to £409m

Turnover jumps eight per cent July 27, 2016: The global professional services consultancy Turner & Townsend has increased its turnover by eight per cent to £409m in the year ended 30 April 2016. The company, which employs nearly 4,300 staff across 97 offices worldwide, has now notched up six consecutive years of revenue growth. Its...
Economy

Indian aviation market to be third largest by 2020

Suparna Goswami Bhattacharya Main drivers for now are low fuel price, expanding middle class and high GDP growth June 8, 2016: The Indian aviation market is flying high. It is set to become the third largest in the world by 2020. With 81 million trips, the domestic market grew at about 19% during the 12...