The 1976 film "All the President’s Men" told aspiring journalists to follow the money. But in looking at last week’s surge of coronavirus-inspired philanthropy in the banking and payments space, one could argue the money is following the outbreak: Wherever the virus is hitting hardest, companies are throwing money at potential solutions.
Last month, when Spain’s rapidly growing coronavirus caseload made it a hot spot , Santander Chairman Ana Botín and CEO José Antonio Alvarez contributed half of their salary and bonus for the year to a €25 million fund the bank created to buy medical equipment.
The focus shifted last […]
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