Banco Santander S.A. Sponsored ADR (SAN)
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.
Head of Santander's Portuguese arm says Novo Banco could be of interest
The Portuguese arm of Spanish banking giant Santander would consider a potential acquisition of rival Novo Banco, depending on price, Santander Totta's CEO said on Tuesday.
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 fees and competitive interest rates, Openbank said in a Tuesday press release.
