Banco Santander

Banco Santander purchased GE Money Bank, GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for 700 million euros ($950 million) in 2014.

GE Money Bank

Banco Santander SA is a banking services company, which engages in the provision of banking services to individuals, companies, and institutions. It operates through the following segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, Payments, and Corporate Centre. The Retail & Commercial Banking segment integrates the retail banking business (individuals) and commercial banking (SMEs and corporates), except for the consumer finance and the cards businesses. The Digital Consumer Bank segment includes Santander Consumer Finance, which incorporates the entire consumer finance business in Europe, Openbank, and ODS. The Corporate & Investment Banking segment includes Markets, Investment Banking (Global Debt Finance and Corporate Finance) and Global Transactional Banking, offers products and services on a global scale to corporate and institutional customers, and collaborates with other global businesses to better serve broad customer base. The Wealth Management & Insurance segment includes the asset management business (Santander Asset Management), the corporate unit of Private Banking and International Private Banking in Miami and Switzerland and the insurance business (Santander Insurance). The Payments segment involves in the digital payment's solutions, providing global technology solutions for banks and new customers in the open market. The Corporate Centre segment includes the centralized activities relating to equity stakes in financial companies, financial management of the structural exchange rate position. The company was founded on March 21, 1857 and is headquartered in Madrid, Spain.

Earnings data Q1 2021

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The UK arm of Spanish banking group Banco Santander has been fined £107.79mln by the Financial Conduct Authority (FCA) after the regulator found “serious and persistent gaps” in the bank's anti-money laundering (AML) controls, affecting its business banking customers.  Over a period of almost five years, from end-2012 to mid-October 2017, Santander UK failed to properly oversee and manage its AML systems, which significantly impacted the account oversight of more than 560,000 business customers, the FCA said in a statement.

Santander UK fined £107mln by financial regulator FCA for anti-money laundering failures

According to the FCA, Santander UK PLC has failed to properly oversee and manage its AML systems between December 2012 and October 2017, which affected the account oversight of more than 560,000 business customers.

Santander U.K. fined $131.4 million for anti-money-laundering failures

Britain's Financial Conduct Authority said it had fined Santander 107.7 million pounds ($132 million) for "serious and persistent" gaps in the Spanish bank's anti-money laundering controls for more than 560,000 business customers.

UK watchdog fines Santander $132 mln over anti-laundering controls

Banco Santander generates almost 70% of its income outside of Europe. The earnings remain strong, and the bank has a shot at a full-year EPS of 0.55 EUR per share.

Banco Santander: Trading At 5x Earnings And A 35% Discount To Its TBV

BOSTON--( BUSINESS WIRE )--Santander Bank, N.A. today announced the expansion of its Commercial Equipment and Vehicle Finance business to include commercial equipment financing to healthcare organizations. The new, nationwide offering will provide financing for state-of-the-art medical technology and equipment to hospitals and health systems, out-patient clinics, and specialized providers.

Santander Bank Offering Healthcare Equipment Financing as Part of Commercial Finance Expansion

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A.

Santander Commercial Banking Appoints Two New Leaders

Banco Santander (LSE:BNC) is ready to block all UK customers from sending real-time payments to cryptocurrency exchanges as part of measures to protect customers from scams, according to an emailed statement. Starting from November 15, payments to crypto exchanges will be limited to £1,000 per transaction with a total limit of £3,000 in any rolling 30-day period.

Santander's crypto exchange ban leaves no room for nuance

Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as part of measures to protect customers from scams, the bank said in an emailed statement on Friday.

Santander to block UK transfers to crypto exchanges in 2023

Santander Bank Raises Its Prime Rate to 7.00%

Banco Santander S.A. (NYSE:SAN ) Q3 2022 Earnings Conference Call October 26, 2022 4:00 AM ET Company Participants Begona Morenes - Investor Relations Jose Antonio Alvarez - Chief Executive Officer Jose Garcia Cantera - Chief Financial Officer Conference Call Participants Ignacio Ulargui - BNP Paribas Francisco Riquel - Alantra Alvaro Serrano - Morgan Stanley Sofie Peterzens - JPMorgan Carlos Cobo Catena - Societe Generale Marta Sanchez Romero - Citi Carlos Peixoto - CaixaBank Pamela Zuluaga - Credit Suisse Begona Morenes Good morning, everybody and welcome to Banco Santander's Conference Call to Discuss Our Financial Results for the Third Quarter of 2022.

Banco Santander S.A. (SAN) Q3 2022 Earnings Call Transcript

Banco Santander SA third-quarter earnings beat expectations as an increase in revenue due to rapidly rising interest rates outweighed higher provisions and inflation-related costs.

Banco Santander net profit beats forecasts, thanks to revenue rise

Santander has called on the government, banking industry and relevant bodies to tackle authorised push payment (APP) fraud. APP is when a scammer deceives a payer into making a payment, with over 70% of scams originating from social media.

Santander calls on government and industry to tackle APP fraud

Santander Bank Enhances Safety Net, Further Reduces Overdraft Fees for Every Client

NatWest Group plc 

Lloyds Banking Group

Barclays

Shares in Lloyds Banking Group PLC (LSE:LLOY) and other FTSE 100 lenders slumped back towards recent lows on worries about potential bad debts and a bank windfall tax. A report emerged that Santander UK is preparing for more customer defaults after seeing a pickup in customers falling behind on mortgage and loan payments.

Lloyds, NatWest, Barclays other banks slide as Santander warns of increased provisions

Banco Bradesco

Itau Unibanco Holding S.A.

Investors are reacting to the results of the first round of Brazil's presidential election.

Why Shares of Banco Santander Brasil, Banco Bradesco, and Itau Unibanco Holding Are Rising Today

Banco Santander is a Spanish bank, but generates most of its income from abroad. The share price has been sliding as recession fears are hitting the world economy.

Banco Santander: Trading At Less Than 0.6 Times TBV And 5 Times Earnings

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US” and “Santander”) announced its first sustainable bond offering on Sept. 6. Santander US is the first Santander Group entity to issue bonds of this kind, utilizing Santander Group's recently released Green, Social & Sustainability Funding Global Framework (the “Framework”). Santander US expects to earmark an amount equal to the net proceeds from its $500 million offering for assets that meet the eligibility criteria descri

Santander US Issues Inaugural $500 Million Sustainability Notes Under Newly Released Sustainability Funding Global Framework

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. announced today it has raised its prime rate from 5.50% to 6.25%, effective September 21, 2022. Santander Bank, N.A. is one of the country's largest retail and commercial banks with $102 billion in assets. With its corporate offices in Boston, the Bank's nearly 8,600 employees and nearly 2 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is

Santander Bank Raises Its Prime Rate to 6.25%

LONDON--(BUSINESS WIRE)--Banco Santander to Rollout Trovata to Automate Cash Forecasting & Liquidity Management for Corporate Clients.

Banco Santander to Rollout Trovata to Automate Cash Forecasting & Liquidity Management for Corporate Clients

Air Liquide SA

Allianz SE

BASF SE

Bayer AG

Banco Bilbao Vizcaya Argentaria

Deutsche Boerse AG

Infineon Technologies AG

ING Groep NV

Bridgewater Associates, one of the biggest hedge funds in the world, has seemingly walked away from its big short bet

Ray Dalio's Bridgewater cuts European short bet to under $1 billion

Spanish financial services institution Santander's interim results posted on Friday August 12 detailed 33% year-on-year (YoY) growth in bottom-line profit to £750mln, underpinned by £6.7bn of net mortgage lending.  Net interest income of £2.1bn was an 11% YoY improvement , following the impact of base rate increases and higher mortgage lending.

Santander posts bottom-line profit growth in first half, underpinned by net mortgage lending

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US” and “Santander”) today announced that it is has released its 2021 Environmental, Social and Governance (“ESG”) report. The report highlight's Santander's commitment to building paths to prosperity through strategic work in three pillars: empowering people and businesses, fostering inclusive communities and supporting the green economy. Santander US is committed to increasing transparency and voluntary disclosure about its bus

Santander US Releases Environmental, Social and Governance Report

Rocket Companies, Inc.

The bank's nearly 2 million clients will receive home loan discounts from the country's largest mortgage lender DETROIT and BOSTON , Aug. 5, 2022 /PRNewswire/ -- Rocket Mortgage, America's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), and Santander Bank, N.A. ("Santander Bank," "Santander" or "the Bank"), one of the country's leading retail and commercial banks, today announced Rocket Mortgage as the exclusive preferred mortgage provider for Santander Bank customers.

Santander Bank Teams Up with Rocket Mortgage to Provide Clients with Digitally Driven Home Loan Experience

Banco Santander S.A. (NYSE:SAN ) Q2 2022 Earnings Conference Call July 29, 2022 4:00 AM ET Company Participants Begona Morenes - IR Jose Antonio Alvarez - CEO Jose Garcia Cantera - CFO Conference Call Participants Alvaro Serrano - Morgan Stanley Ignacio Ulargui - BNP Paribas Pamela Zuluaga - Credit Suisse Sofie Peterzens - JPMorgan Benjie Creelan-Sandford - Jefferies Ignacio Cerezo - UBS Carlos Peixoto - CaixaBank Andrea Filtri - Mediobanca Carlos Cobo Catena - Societe Generale Britta Schmidt - Autonomous Research Begona Morenes Good morning, everybody, and welcome to Banco Santander's conference to discuss our financial results for the first half of 2022.

Banco Santander S.A. (SAN) CEO Jose Antonio Alvarez on Q2 2022 Results - Earnings Call Transcript

Banco Santander Brasil SA's second-quarter net income beat market expectations but loan-loss provisions rose sharply against a challenging macroeconomic backdrop, data released on Thursday showed.

Santander Brasil beats net profit forecasts but raises loan-loss provisions

News for Banco Santander Stock (SAN)