Banco Santander was reportedly fined 40 million euros ($47 million) by a Spanish regulator due to past deficiencies in internal processes in Spain at its digital unit Openbank. The fine was imposed by Spain's anti-money laundering watchdog known as Sepblac, Bloomberg reported Friday (Jan. 23), citing unnamed sources.
Does Banco Santander (SAN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Does Banco Santander (SAN) have what it takes to be a top stock pick for momentum investors? Let's find out.
The Polish financial regulator (KNF) has given a green light to Erste Group Bank AG's purchase of a controlling stake in Santander Bank Polska , it said in a statement on Wednesday.
Italian debt recovery firm doValue Group said on Wednesday it had signed a contract with Spain's Banco Santander to manage new flows of impaired loans starting in January, replacing an agreement that is set to end in December.
Spain's Santander plans to sell an around 3.5% stake in its Polish subsidiary Santander Polska through an accelerated bookbuild for around $480 million, one of the bookrunners said on Monday.
Santander's exposure to companies owned by First Brands Group founder Patrick James has reportedly grown to $300 million. The increase was caused by James defaulting on a loan he took out to buy a French car parts group, The Wall Street Journal (WSJ) reported Wednesday (Nov. 19), citing unnamed sources.
Openbank, Santander's digital lender, said on Tuesday it had launched a cryptocurrency trading service in Spain, following rival BBVA.
Spanish lender Santander is set to appoint an insider as its next UK chief executive, with group chief risk officer, Mahesh Aditya, and UK retail and business bank head, Enrique Alvarez Labiano, lined up as the shortlisted candidates, the Financial Times reported on Thursday.
The executive chair of Spain's Santander , Ana Botin, warned on Tuesday against overregulation in Europe as one of the risks that potentially hurts economic growth in the continent.
Banco Santander, S.A. has outperformed with a 200%+ total return since 2022, driven by its diversified global footprint and M&A activity. SAN's recent deals—exiting Polish CHF-mortgages and acquiring TSB in the UK—improve its risk profile and geographic balance. Despite solid cost control and stable asset quality, SAN faces NII headwinds from lower European rates, limiting near-term earnings growth.
Banco Santander, S.A. ( SAN ) Q3 2025 Earnings Call October 29, 2025 5:00 AM EDT Company Participants Raul Sinha Hector Blas Grisi Checa - Group CEO & Executive Director José Antonio García Cantera - Senior EVP & Group Chief Financial Officer Conference Call Participants Ignacio Ulargui - BNP Paribas Exane, Research Division Cecilia Romero Reyes - Barclays Bank PLC, Research Division Francisco Riquel - Alantra Equities Sociedad de Valores, S.A.