Investment Banking

Axing banker bonus cap ‘makes sense’ says Santander chair Ana Botín

The chair of the Spanish lender is 'sure' the bank will now adapt to the new freedoms

Botín hails 'good news' for sector
Botín hails 'good news' for sector Photo: Europa Press News/Getty Images

Santander chair Ana Botín has joined the ranks of top bankers praising the UK's decision to scrap the cap on banker bonuses.

Botín said at a Financial Times conference that the move was "good news" and "makes a lot of sense".

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