Monday, February 2, 2026 at 7:41 AM
The lender is looking to strike a balance between expanding its top and bottom lines while continuing to hand excess capital to shareholders.
The eurozone’s largest lender in terms of assets is banking on cost-cutting and profit-boosting initiatives to drive growth.
The bank is projecting higher revenue and lower costs, after reporting a stronger net profit for the fourth quarter.
Eurozone banks tightened their conditions for loans to businesses in the last quarter of last year, an unexpected development lenders expect will continue in the early months of 2026.
The company is the latest of several to announce plans for sweeping job cuts in recent days.
Data sourced from public RSS feeds and News APIs.
