--Banco Santander may cut 3,000 jobs as part of a plan to shut 1,000 to 1,200 of its Spain branches as the lender integrates Banco Popular's offices into its network, Expansion reports, citing unnamed sources.

--According to the Spanish newspaper, Santander will begin talks with workers' unions soon and expects to reach an agreement in April.

 

Full story in Spanish: bit.ly/2GnNQP2

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

February 15, 2019 06:21 ET (11:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Banco Santander (NYSE:STD)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Banco Santander Charts.
Banco Santander (NYSE:STD)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Banco Santander Charts.