Banco Santander: A Positive Update For 2025
Banco Santander stock remains a "Buy" due to its operational outperformance, impressive efficiency improvements, and significant profit growth, despite not being as "cheap" as before. The bank's 3Q...
Santander mulls exit from UK
Santander is mulling quitting the UK due to lower returns than other countries, a source told the Financial Times The lender's Spanish parent company is considering a number of options, they said, ...
Santander Reportedly Considering Exit of UK Banking Market
Santander is reportedly rethinking its U.K. presence 20 years after entering the British banking market. The Spanish lender is weighing a number of options, including exiting the U.K. entirely, the...
Santander considers UK exit amid frustrations with high street banking, FT reports
Banco Santander is reconsidering its presence in Britain two decades after its acquisition of Abbey National made it a major player on UK high streets, the Financial Times newspaper reported on Sat...
Santander Announces Results of Offers to Purchase Certain of its Outstanding Debt Securities and Waiver of Maximum Purchase Consideration Condition
MADRID--(BUSINESS WIRE)--Banco Santander, S.A. (“Santander”) announced today the results, as of 5:00 p.m. (New York City time) on January 14, 2025 (the “Expiration Time”), of its previously announc...
Santander Commences Offers to Purchase Certain of its Outstanding Debt Securities
MADRID--(BUSINESS WIRE)--Banco Santander, S.A. (“Santander”) announced today the launch of four concurrent and separate offers to purchase for cash (the “Offers”) its outstanding 3.496% Senior Pref...
Fed will cut rates again in December, says Santander's Stephen Stanley
Stephen Stanley, Santander U.S. Capital Markets chief U.S. economist, joins 'Power Lunch' to discuss November's Federal Reserve minutes.
Santander UK sets aside $375 mln to cover possible motor finance redress claims
The UK arm of Spain's Banco Santander , said on Wednesday it had set aside 295 million pounds ($375 million) to cover possible costs related to an industry-wide probe into motor finance commissions.
Santander Launches Openbank Digital Bank in Mexico
Santander's fully digital bank, Openbank, launched in Mexico on Tuesday (Nov. 19). The Openbank Mexico website and app are now operating, promising a fully digital bank, no minimum balances, no fee...
Santander launches fintech in Mexico to expand digital services
Spanish banking giant Santander started rolling out its digital Openbank in Mexico on Tuesday, including a website and smartphone app.
Misperceptions Preventing Americans From Earning More on Their Money Ahead of Holiday Season, Santander Survey Finds
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank”) today announced findings from its Openbank Growing Personal Savings (“GPS”) Tracker revealing many consumers are missing out on hund...
Banco Santander, S.A. (SAN) Q3 2024 Earnings Call Transcript
Banco Santander, S.A. (NYSE:SAN ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 AM ET Company Participants Begona Morenes - Global Head of Investor Relations Jose Garcia Cantera - Senior E...
Santander's Q3 net profit rises 12% compared to same period in 2023
Spain's Santander said on Tuesday its net profit in the third quarter rose 12% compared to the same period in 2023 thanks to its retail business' solid performance.
Santander: Still A Good Return, Still Say 'Buy' (But No Longer Cheap)
Santander remains undervalued with a strong A+ credit rating and expects 2024 earnings to grow above 15%, outperforming other European banks. The bank's 1H24 results showed significant improvements...
Santander Brings Digital Banking Platform Openbank to the US
Santander's digital banking platform, Openbank, is now officially live in the United States. According to a Monday (Oct. 21) press release, the launch marks a significant expansion of Santander's U...
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