Banco Santander S.A. Sponsored ADR (SAN)
Tariffs are a tax on the consumer, Santander's Botin says
Santander Executive Chairman Ana Botin discusses the Spanish banking group's progress on strategy and the potential impact of U.S. tariffs on the global economy.
Trump's tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says
Amid rising trade tensions and tariff impositions, "on a relative basis, in the short term, Europe will be less affected than the U.S.," Santander's Ana Botín told CNBC. Botín is not alone in her warning regarding tariffs' negative impact on the U.S., with many analysts also saying the duties could ultimately cause higher inflation and strain the wallets of U.S. consumers.
Santander UK wins bid to throw out lawsuit over push payment fraud
The UK arm of Spain's Banco Santander on Tuesday won its bid to throw out a lawsuit that had alleged lenders have a duty to try and retrieve funds stolen by customers that turn out to be fraudsters.
Why You Shouldn't Bet Against Banco Santander (SAN) Stock
Banco Santander (SAN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Santander says 750 jobs at risk as it pursues UK branch closures
The British unit of Spanish lender Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K. Questions have risen over the future of Santander's international footprint, amid reports earlier in the year that the lender could be considering an exit from Britain.
Santander UK says around 750 staff risk losing jobs after fresh branch closures
The UK arm of Spain's Banco Santander , said on Wednesday around 750 staff could lose their jobs as it pressed ahead with plans to close a further 95 bank branches in Britain.
Santander eyes US operations through Verizon partnership, WSJ reports
Spanish banking giant Banco Santander is pushing to expand its U.S. operations through a partnership that taps into Verizon's vast customer base, the Wall Street Journal reported on Monday.
Santander's Botin gets 13% pay rise to take home 13.8 million euros in 2024
Santander's executive chair Ana Botin was paid 13.77 million euros ($14.32 million) in 2024, 13% higher than her remuneration in 2023, the lender said in its annual report on Friday.
Brazilian prosecutors investigate top Santander executive
Brazil's federal prosecutors have launched an investigation into alleged fund diversion by a former senior executive at Itau Unibanco , set to take a key role at Spanish bank Santander [RIC:RIC:SOVBAN.UL] in coming months.
Banco Santander: Starting To Get Its Due From The Market
Banco Santander has been a strong performer since my last update, with good fourth quarter results and bullish FY2025 guidance driving the shares back over tangible book value. Management expects Santander to deliver a strong 16.5% return on tangible equity this year. Given the current P/TBVPS multiple, this would imply a P/E of just ~7x. While the higher share price would have lowered the stock's total yield based on Santander's usual 50% payout ratio, capital returns for 2025-2026 have been upped by roughly €4 billion.
Santander says UK business is not for sale
Banco Santander's UK business remains a core part of the Spanish lender's globally diversified business model and the division is not for sale, a company spokesperson said on Thursday.
Banco Santander Credits Technology Platforms for Achievement of Record Results
Banco Santander credited its technology platforms with helping it achieve record results in 2024.
