More on Banco Santander (STD) earnings: Spain remaining a drag on profits had been expected, but...

|About: Banco Santander S.A. (SAN)|By:, SA News Editor

More on Banco Santander (STD) earnings: Spain remaining a drag on profits had been expected, but of surprise is a surge in problem loans in Brazil. It will likely add to recent alarms about an unsustainable credit binge in that country. Shares -4.9%, underperforming a weak EU banking sector.