July 22 (Reuters) - Chief Executive Officer of Banco Santander SA SAN.MC, Hector Grisi:

• BANK HAS RECEIVED AUTHORIZATION FROM ECB TO PROGRESS WITH PURCHASE OF WEBSTER, EXPECTS CLOSING IN SECOND HALF OF 2026

• WE EXPECT POSITIVE TRENDS TO CONTINUE IN THE SECOND HALF OF THE YEAR

• WE EXPECT SOME IMPROVEMENT IN COST OF RISK IN ARGENTINA IN SECOND HALF

• BANK IS ON TRACK TO DELIVER €14.1 BILLION PROFIT TARGET EX-M&A FOR THE YEAR

• BANK HAS SIGNED AGREEMENT WITH SPANISH UNIONS ON EARLY RETIREMENT PROGRAMME

• WE EXPECT BUSINESS PERFORMANCE IN BRAZIL TO IMPROVE OVER COMING YEARS AND TO MEET PROFITABILITY TARGETS

• BANK STICKS TO COST SAVINGS OF AROUND 400 MILLION POUNDS FROM TSB ACQUISITION

• WE SEE ANOTHER €250 MILLION RESTRUCTURING CHARGE RELATED TO BRITISH UNIT TSB OVER COMING QUARTERS

• MEXICO IS AN OPPORTUNITY, COULD DEPLOY CAPITAL IN SOME BUSINESS SEGMENTS

• CHIEF FINANCIAL OFFICER JOSE CANTERA STICKS TO LOW TO MID-SINGLE DIGIT NET INTEREST INCOME GROWTH IN SPAIN IN 2026

• CANTERA: WE EXPECT THE APPROVAL ON THE DANISH COMPROMISE IN AUGUST

• CANTERA: BANK REMAINS OPTIMISTIC FOR OUTLOOK IN THE UK

  
  

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