His daughter, ana botin, took over from her father and quickly implemented a share sale of 7. 5 billion euros. Well, in her First Television interview since becoming chairman, i speak exclusively to ana botin about her vision, emerging markets, and regulation. Ana botin, thank you so much for joining us here at bloomberg. We have seen these huge changes in the last 12 months. Are we going to see more, or are you happy where the bank is now . Ana the last 12 months have been very intense. The capital rates are changing the dividend policy, but more important the governance of the people changes on the board. Not just the group but the subsidiaries. We changed the ceos in our five big countries. That is over. We are ready to actually start executing on our strategy. Francine your strategy is what, simpler and fairer . Ana santander has a very strong base, so we are present in 10 core geographies. 10 countries. Santander markets with a billion people where we have 170 million customers. S
Emerging markets, and regulation. Ana botin, thank you so much for joining us here at bloomberg. We have seen these huge changes in the last 12 months. Are we going to see more, or are you happy where the bank is now . Ana the last 12 months have been very intense. The Capital Raise and changing the dividend policy, but more important the governance of the people changes on the board. Not just as a group but in many subsidiaries and the team. We changed the ceos in our five big countries. That is over. We are ready to actually start executing on our strategy. Francine and your strategy is what simpler and fairer . Ana santander has a very strong base, so we are present in 10 core geographies. 10 countries. Santander consumer markets with a billion people where we have 170 million customers. And so everything, our focus Going Forward is going to be how to do more business with these customers. A hundred million are in our banks and only 13 million are loyal out of 50 million active cust
Im guy johnson. Details coming through from the norse bank. 75 . As cut rates to. We were at 1. . It is a 25 basis cutpoint. Basis points cut. This is interesting. This is a country that has an inflation rate of 2. 9 . That is about target. The reason for that has been the rise of the euro versus their own currency. 1. 71 after that rate decision. Later on, will we will talk at 10 30 with the governor of the norse bank. Governor olsen will be joining the pulse. How is the oil price impacting his thinking . What if draghi decides to push further q. E. . Plenty of questions for the government 10 30 u. K. Time is when you can tune in for that. Lets return to one of the biggest stories of the week. Vw shares on the rise again this morning following the resignation of ceo dr. Winterkorn last night. Giant is hoping to replace them by tomorrow and begin the job of repairing reciprocation following the emissions cheating scandal. Hans nichols is live on location. Hans, can we quantify, get our
Anna welcome to countdown. It is just now 6 00. , letsgen is a big story think about what is happening in the markets. That hasr index, but been doing since the Federal Reserve met, you can see it bounces up since the post fed fall from the dollar. We see it heading steadily upwards since last week. We have seen a number of hawkish comments coming through from the fmo say. Fmo see. Still on the table at the time when the Federal Reserve could increase Interest Rates . Janet yellen will be speaking later today, 10 00 london time. Anna lets talk about volkswagen. They are looking for a new chief executive after Martin Winterkorn step down. Stepped down. They will meet tomorrow to select his successor. Hans nichols is live on location at volkswagens headquarters. Said he did not know about the cheating, why did he leave . Transport the pressure the pressure was mounting. Among statements we had last night, most interesting is that volkswagen has pledged and referred this matter for crimin
Chairman, i speak exclusively to ana botin about her vision, emerging markets, and regulation. Ana botin, thank you so much for joining us here at bloomberg. We have seen these huge changes from you in the last 12 months. Are we going to see more, or are you happy where the bank is now . Ana so the last 12 months have been very intense. The capital rates are changing the dividend policy, but more importantly, the governance of the people changed on the board. Not just the group but the subsidiaries. We changed the ceos in our five big countries. So that is over. We are ready to actually start executing on our strategy. Francine so your strategy is what, simpler and fairer . Ana santander has a very strong base, so we are present in 10 core geographies. 10 countries. Santander markets with a billion people where we have 170 million customers. And so everything, our focus going forward, is going to be how to do more business with these customers. 100 million are in our banks and only 13