Santander not seeking government cash
SAO PAULO (Reuters) - Spain's Santander said that it would not seek cash from U.S., UK or Spanish governments, Chairman Emilio Botin said on Friday.
"We won't ask for help from governments for new capital. We don't need it," Botin said at an event in Sao Paulo. " We won't ask in the UK or the US or in Spain."
Botin said the bank had no toxic debt and because of that its capital ratio was better than that of its rivals.
(Reporting by Elzio Barreto; writing by Reese Ewing)
© Thomson Reuters 2009 All rights reserved.
Bolton bets on China
Top-performing fund manager Anthony Bolton says he plans to return to managing money next year, with a focus on the increasingly important Chinese market. Full Article

UK
US