Banco Santander S.A. Sponsored ADR (SAN)
Santander starts round of job cuts in the UK, Bloomberg reports
Spain's Santander has kicked off a round of job cuts at its British unit to save costs, Bloomberg reported on Friday citing people familiar with the matter.
Santander's Botin on Economy, M&A and Loan Performance
Santander Executive Chair Ana Botin discusses the macroeconomic environment, the bank's loan performance and the private credit market. Speaking on "Bloomberg The Close," Botin also says Santander does not need to make a major acquisition.
Santander will have a full service digital bank in U.S. by 2025-end, chair says
Spanish lender Santander will have a full service digital bank in the United States by 2025, its executive chairman Ana Botin said on Thursday.
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, including a 20% YoY increase in operating attributable profit and a drop in the C/I ratio to 41.6%. Despite risks in SA geographies and high CoR rates, Santander's operational efficiencies and global scale present a compelling investment opportunity.
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.S. consumer banking operations beyond the Northeast, enabling the bank to serve customers nationwide.
Santander launches digital bank in US to gain cheaper funding for auto loans
Spain's Santander launched its digital bank in the United States on Monday, which will help it to fund over $30 billion of auto lending assets and broaden its retail business in the country, U.S. CEO Tim Wennes told Reuters.
Santander pulls cheapest mortgages as swap rates rise
A second major mortgage lender has started to withdraw its cheapest products in a sign that the recent price war among lenders might be ending. Santander UK said eight five-year fixed-term products will be temporarily withdrawn from 10 pm tonight.
SAN or NABZY: Which Is the Better Value Stock Right Now?
Investors interested in Banks - Foreign stocks are likely familiar with Banco Santander (SAN) and National Australia Bank Ltd. (NABZY). But which of these two stocks offers value investors a better bang for their buck right now?
Banco Santander (SAN) Upgraded to Buy: Here's What You Should Know
Banco Santander (SAN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here's why Unicredit, Deutsche Bank, Santander shares have slipped
Most European bank stocks have pulled back in the past few weeks as the spectacular rally experienced earlier this year eased. In Spain, Banco Santander stock was trading at €4.25 on Wednesday, down by 13.6% from its highest point this year.
Focus: A decade on, Botin's redesign of Santander empire her family built is incomplete
Spanish banker Ana Botin set about transforming Santander , a sprawling, acquisition-obsessed and fragmented lender into a leaner, simpler global bank as soon as her father's sudden death thrust her into the role.
Santander appoints digital banking specialist to lead Spanish business
Santander has appointed former ING executive Ignacio Julia to take over as chief executive of its Spanish business to advance the bank's digital drive.
