BRIEF-Spain's Santander cuts profitability target for UK business
Sept 30 (Reuters) - Spain's Banco Santander :
* Says cuts return on tangible equity ratio target (ROTE) for UK business in 2018 to between 8 and 10 percent from the range of between 12 and 14 percent set out in the previous strategy plan
* Says cuts cost to income ratio target for British unit to between 50 and 52 percent in 2018 from a previous target of below 50 percent
* Source text for Eikon: Further company coverage: (Reporting By Madrid Newsroom)
© Thomson Reuters 2017 All rights reserved.