January 31, 2018 / 10:26 AM / 22 days ago

BRIEF-Banco Santander says is confident its US business will improve

Jan 31 (Reuters) - Chairman Of Spain’s Santander:

* SAYS DOES NOT SEE CROSS-BORDER MERGERS IN EUROPE UNTIL COMMON DEPOSIT INSURANCE SCHEMES IN PLACE

* SAYS BANK IS FOCUSED ON ORGANIC GROWTH, BUT ONLINE BANKING OPENBANK COULD CONSIDER GROWTH OPPORTUNITIES

* SAYS IS CONFIDENT THE BANK WILL IMPROVE IN THE U.S.

* SAYS THE UK WILL BE MOST CHALLENGING MARKET IN 2018, SEES SOME PRESSUE Further company coverage: (Reporting by Madrid newsroom)

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