by Rob Dwyer
|
|
|
Enrique CristofaniSantander Río |
|
Today, when CEOs of banks meet anywhere in the world, the topic of conversation must surely turn swiftly to regulation. Swathes of new regulations are piling onto financial institutions: usually onerous, often conflicting and almost always constricting profitability.
Yet Enrique Cristofani, president of Santander Río since its formation in 1997, could be forgiven for having a wry smile while listening to his contemporaries’ exasperations.
For while he could never be got to admit it (the political risk being too high), he must at times think: ‘Try running a bank in a country that mandates banks to lend while capping fees and interest rates and setting floors on deposit rates.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
