Santander names Riley as CEO of Santander US, part of wider reshuffle
Christiana Riley will succeed Tim Wennes as CEO of Santander in the United States, the bank's executive chair, Ana Botin, said on Friday, as Santander undertakes a wider global restructuring.
Santander UK chair William Vereker to step down
Santander UK's board chair William Vereker has indicated his intention to step down during the course of 2025, the British unit of the Spanish lender said in a statement on Tuesday.
Banco Santander Brasil: Slow And Steady Growth As Q4 Approaches
Banco Santander Brasil has shown a steady improvement in profitability, despite Brazil's challenging macroeconomic conditions. The bank's stock trades at 1x book value, offering potential upside given its improving profitability outlook. Profitability is expected to continue improving, with a target ROE of ~20% by 2025.
Fed may still cut three times this year, says Santander's Stephen Stanley
Stephen Stanley, Santander U.S. Capital Markets chief U.S. economist, and CNBC's Steve Liesman join 'The Exchange' to discuss expectations for the Federal Reserve, outlooks on the economy, and more.
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 3Q24 results confirmed my positive thesis, with record profits, improved efficiency ratios, and increased shareholder rewards through dividends and buybacks. Santander's geographic diversification and successful ONE transformation program mitigate risks, making it a fundamentally appealing investment compared to peers like BBVA, HSBC, and Lloyds.
Santander boss denies UK quit story but mood music less certain
Santander's boss has dismissed stories that it is looking to pull out of the UK as the invention of investment bankers. Speaking in Davos, executive chairman Ana Botin insisted “We love the UK” following reports in the Financial Times that the Spanish bank is reconsidering its presence here.
Santander's Botin says loves Britain and it will remain a core market
Britain is and will remain a core market for Santander , its executive chair Ana Botin said at the World Economic Forum annual meeting in Davos on Tuesday.
Europe is at risk of becoming a museum, Santander's Botin says
Ana Botín, executive chair of Banco Santander and chair of the World Economic Forum International Business Council, discusses the European business landscape.
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, due to "frustrations" with the UK in recent years. Santander UK suffers from various problems, the former executive said, including a "persistently high cost base, the UK's ring-fencing regime, its independent board, and the fact that it did not benefit from rising interest rates in recent years as much as its other markets like Spain".
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 Financial Times (FT) reported Sunday (Jan. 19), citing sources familiar with the matter.
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 Saturday, citing people familiar with the matter.
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.
