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Santander Q3 Underlying Net Profit Rises 19%

Santander said underlying net profit rose 19% year on year in the third quarter, driven by solid performances in Britain and the US following recent acquisitions. Lower profits in Brazil partly overshadowed the results.

SAN

Spain's Santander BME:SAN on Wednesday said its underlying net profit rose 19% year-on-year in the third quarter driven by solid performances in Britain and the US following recent acquisitions in these markets, though lower profits in Brazil partly overshadowed the results.Underlying net profit be…