Santander Bank has announced that it will be consolidating its retail, industrial, and customer activities worldwide. The consolidation will involve the creation of two new worldwide firms: Retail and Industrial, and Digital Customer Bank. This move is intended to align Santander’s operations with its existing worldwide model and strategic ambitions. The bank aims to add 40 million new prospects by 2025 and raise its return on tangible equity to 15-17%. With these adjustments, Santander appears to advance its position in the market place and realize lengthy-term development.