Banco Santander

Banco Santander purchased GE Money Bank, GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for 700 million euros ($950 million) in 2014.

GE Money Bank

Banco Santander SA is a banking services company, which engages in the provision of banking services to individuals, companies, and institutions. It operates through the following segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, Payments, and Corporate Centre. The Retail & Commercial Banking segment integrates the retail banking business (individuals) and commercial banking (SMEs and corporates), except for the consumer finance and the cards businesses. The Digital Consumer Bank segment includes Santander Consumer Finance, which incorporates the entire consumer finance business in Europe, Openbank, and ODS. The Corporate & Investment Banking segment includes Markets, Investment Banking (Global Debt Finance and Corporate Finance) and Global Transactional Banking, offers products and services on a global scale to corporate and institutional customers, and collaborates with other global businesses to better serve broad customer base. The Wealth Management & Insurance segment includes the asset management business (Santander Asset Management), the corporate unit of Private Banking and International Private Banking in Miami and Switzerland and the insurance business (Santander Insurance). The Payments segment involves in the digital payment's solutions, providing global technology solutions for banks and new customers in the open market. The Corporate Centre segment includes the centralized activities relating to equity stakes in financial companies, financial management of the structural exchange rate position. The company was founded on March 21, 1857 and is headquartered in Madrid, Spain.

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Santander Brasil's latest results show weak performance and lower confidence in dividends returning to previous levels. The bank faces challenges in efficiency, legal security risks, increased provisions for doubtful debts, and competition from digital banks and fintechs. Santander Brasil's valuation is considered unattractive compared to its main peers, with better options available in the Brazilian banking industry.

Banco Santander (Brasil) Stock: Lackluster Performance, Not Warranting A Buy

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US”) today announced its latest Community Plan, a three-year commitment of $4.6 billion in community reinvestment and $9 billion in sustainable finance, on behalf of Santander's businesses across the United States, which will provide broad commitments for community development for affordable housing, small business, and supplier diversity, as well as $100 million in charitable giving and 100,000 employee volunteer hours. The Sant.

Santander US Unveils New Community Plan

Spain's Santander on Thursday announced it appointed Pedro Castro e Almeida as regional head for Europe, replacing Antonio Simoes, who was hired to head Britain's Legal and General Group.

Santander appoints Pedro Castro e Almeida as Europe's regional head

Legal & General Group PLC

British insurer Legal & General has hired Banco Santander's Antonio Simoes as its new CEO, it said on Thursday, replacing Nigel Wilson.

Legal & General hires Santander's Antonio Simões as CEO

Santander, the owner of Abbey National, has withdrawn nearly all of its mortgage deals in the UK as it reassesses the market ahead of more expected interest rate increases by the Bank of England. The Spanish bank which bought Abbey in 2004 said it would remove all new business rates at 7.30pm tonight, with a new range launched on Wednesday.

Santander pulls mortgage deals with rates set to rise

Santander , one of Europe's biggest banks, is targeting British companies grappling with post-Brexit trading snags, in a direct tilt at a business where rivals like HSBC have traditionally dominated.

Santander bets on exporters to boost its UK banking business

PNC Financial Services

U.S. Bancorp

All told, U.S. banks closed 130 branches and opened 51 in April for a net reduction of 79, down from 100 in March. The 79 figure is also below the trailing 12-month average of 114.

Bank branch closings slow in April to below 12-month trailing average: S&P

Banco Santander reported a 12% net income increase in the first quarter of the year. The net interest income increased and the operating expenses (excluding loan loss provisions) decreased.

Banco Santander: Strong Liquidity Position, Trading At Just 5.5x Earnings

Bancolombia

Deutsche Bank

Despite concerns related to higher restructuring costs and uneven economic growth, Zacks Foreign Bank industry stocks like SAN, Deutsche Bank and Bancolombia are poised to benefit.

3 Foreign Bank Stocks to Benefit From the Prospering Industry

The chairman of Spain's Santander , Ana Botin, warned on Tuesday against more regulation in the financial industry and said that in part mismanagement was to blame for the recent banking turmoil in the sector.

Santander's Botin blames mismanagement for banking sector turmoil

Spain's Santander has agreed to sell a portfolio of distressed loans with a gross value of 1.1 billion euros ($1.21 billion) to U.S. private equity fund Cerberus and real estate loan manager Axactor, Expansion reported on Friday.

Santander sells distressed loan portfolio worth 1.1 bln euros - Expansion

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. announced today it has raised its prime rate from 8.0% to 8.25%, effective May 3, 2023. Santander Bank, N.A. is one of the country's largest retail and commercial banks with $99 billion in assets. With its corporate offices in Boston, the Bank's nearly 9,000 employees and more than 2 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a who.

Santander Bank Raises Its Prime Rate to 8.25%

Banco Santander, S.A. (SAN) Q1 2023 Earnings Call Transcript.

Banco Santander, S.A. (SAN) Q1 2023 Earnings Call Transcript

Barclays

Lloyds Banking Group

NatWest Group plc 

UK banks NatWest, Lloyds and Barclays fell ahead of the release of quarterly results later this week and next as numbers from rival Santander UK were weaker than expected, with higher costs, credit impairment charges and provisions. The UK arm of Spain's Banco Santander (LSE:BNC) still reported 11% growth in total operating income to £1.31bn and an 11% rise in profit before tax to £547mln.

Santander UK 'weaker' first-quarter numbers send rival bank shares lower

Banco Santander Brasil SA on Tuesday reported a first quarter net profit of 2.14 billion reais ($425.09 million), down 46.6% from a year earlier but still above analysts' forecasts of 1.83 billion in a Refinitiv poll.

Santander Brasil posts Q1 net profit down 46.6%

Banco Santander SA on Tuesday reported an increase in net profit for the first quarter and said it is on track to meet its full-year targets.

Santander's $2.84 billion profit beats forecast, says full-year targets on track

Spain's Santander on Tuesday said its net profit in the first quarter rose 1% compared to the same period of 2022 as higher lending income, which offset higher provisions and the impact from a banking levy in Spain.

Spain's Santander Q1 net profit rises 1% vs same period a year ago

ABN AMRO Bank NV

BNP Paribas SA

Svenska Handelsbanken AB

UniCredit SpA

Short-sellers who bet against European banks are set to lose a substantial amount of money in April after the sector bounced back from the shock downfall of Credit Suisse in anticipation of strong quarterly earnings.

Short-sellers sit on $1 bln loss on European banks in April

Banco Bilbao Vizcaya Argentaria

Bank of America

Banco Bilbao Vizcaya Argentaria , Banco Santander SA and Bank of America Corp together plan to fund Mexico's $6 billion deal to purchase power plants from Spain's Iberdrola , Bloomberg News reported on Thursday citing people familiar with the talks.

BBVA, Santander, BofA want to back Mexico's $6 bln power deal - Bloomberg News

Santander will increase its stake in its Mexican unit to 99.8% from 96.2% following a tender offer for all outstanding shares in the business, the Spanish bank said on Tuesday, as it moves ahead with plans to delist it.

Santander to raise stake in Mexican unit to 99.8%, delist shares

Spain's Santander on Friday said it was on track to meet its 2023 profitability targets despite the recent turmoil in the banking sector.

Spain's Santander reaffirms financial targets for 2023 despite banking turmoil

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US”) today announced findings from a new survey of middle-income Americans, which revealed that 86% of respondents believe financial prosperity remains a worthwhile goal, with 79% optimistic that they will achieve it within the next decade, despite current headwinds.

Santander US Research Reveals Middle-Income Americans Are Optimistic about Achieving Financial Prosperity

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. announced today it has raised its prime rate from 7.75% to 8.0%, effective March 22, 2023. Santander Bank, N.A. is one of the country's largest retail and commercial banks with $99 billion in assets. With its corporate offices in Boston, the Bank's nearly 9,000 employees and more than 2 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware.

Santander Bank Raises Its Prime Rate to 8.0%

The Mexican arm of Spain's Banco Santander plans to launch digital lender Openbank by the end of March 2024 to offer checking accounts, credit cards and other services over time, the head of the local unit said on Thursday.

Santander's Mexico arm to launch digital bank by March 2024

CRZBY

Credit Suisse

HSBC Holdings

European banking shares were hammered on Wednesday as confidence in the sector already rattled by the collapse of Silicon Valley Bank in the US was knocked further by a fall of more than 25% in the value of Credit Suisse. Shares in the Swiss bank crashed 29% to USD1.78, hitting an all-time low, with trading earlier halted amid the heavy, and fast-paced sell-off.

News for Banco Santander Stock (SAN)