2023 Highlights Digital Consumer Bank Europe
Wealth
Accelerating our customers connectivity with our global product platforms
Customer experience
Operational leverage
Global platform
Providing our customers
with a specialized
product & service
proposition in all countries
Leverage our global
operations and factories to
connect geographies and
increase collaboration
with CIB and Retail
Global platforms and
infrastructure
to improve efficiency
and time-to-market
2025 target
c.60% ROTE
72.2% 2023
c.10%
Revenue
growth
+22% 2023
Key
drivers
Assets under
management¹ (€bn)
Collaboration
fees (€ bn)
+14%
+6%
460
402
3.4
3.6
2022
2023
(1) Includes off-balance sheet assets and deposits.
2022
2023
Revenue growth
including ceded fees² (€ bn)
Santander (2) Includes all fees generated by asset management and insurance businesses, even those ceded to the commercial network.
Note: revenue CAGR 22-25 target.
+11%
5.7
5.1
2022
2023
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