28-04-2015 12:53 via news.yahoo.com

Santander's Q1 profits jump as Spanish economy recovers

The eurozone's biggest bank, Spain's Santander, said Tuesday its first quarter net profit jumped 32 percent as strengthening economic recovery in its home market boosted revenue. The bank reported a net profit of 1.72 billion euros ($1.87 billion) in the first three months of the year, up from 1.3 billion euros during the same period last year. Net profit in Spain -- which posted its first full year of economic growth last year since the 2008 bursting of the property bubble -- surged 4
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