Santander Shares Fall 4.4% as Integration Costs Weigh on Profit
Santander reported lower third-quarter net profit as integration charges linked to recent acquisitions weighed on its bottom line. Shares fell 4.4% in European midday trading Wednesday.
By Adria CalatayudBanco Santander shares fell after the Spanish bank posted a decline in third-quarter net profit, with integration charges linked to its recent acquisitions weighing on the group's bottom line.Shares in Santander were down 4.4% in European midday trading Wednesday, reducing the sto…