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: Europe, North America, South America, and Digital Consumer Bank. The Europe segment comprises business activities carried out in the region. The North America segment includes business activities in Mexico and the United States. The South America segment involves financial activities of the Group through its banks and subsidiary banks in the region. The Digital Consumer Bank segment includes Santander Consumer Finance, which incorporates the entire consumer finance business in Europe, Openbank, and ODS. The company was founded on March 21, 1857 and is headquartered in Madrid, Spain.

Earnings data Q1 2021

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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.

A former investment banker and passionate jogger, Santander's newly-appointed CEO Hector Grisi knows how to bring teams together and motivate staff even as he stands up for his views, executives who have either worked with him or known him for years say.

Santander picks calm insider as CEO to help build bridges

Banco Santander: Hector Grisi to succeed Jose Antonio Alvarez as CEO

Spain's Santander is set to appoint insider Hector Grisi as its chief executive officer, replacing long-time executive Jose Antonio Alvarez, Bloomberg News reported on Friday.

Santander set to appoint Hector Grisi as new CEO - Bloomberg News

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. announced today it has raised its prime rate from 4.00% to 4.75%, effective June 15, 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 a wh

Santander Bank Raises Its Prime Rate to 4.75%

Innovative program provides financial support and coaching to food-related and women- and minority-owned start-up businesses DALLAS , June 2, 2022 /PRNewswire/ -- Santander Consumer USA Holdings Inc. ("Santander Consumer" and "SC") today announced that it has selected Dallas for the launch of Cultivate Small Business – a Santander US signature program that supports food-service entrepreneurs for women-, minority-, and immigrant-owned businesses in low- and moderate-income communities. Dallas-based nonprofit start-up accelerator Impact Ventures will serve as a corporate partner for the program with Santander Consumer.

Santander Consumer USA Brings Cultivate Small Business Program to Dallas in Partnership with Impact Ventures

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. ("Santander Bank,” “Santander” or “the Bank”) announced the opening of its new branch in Boston located at 885 Boylston Street. To commemorate the new branch, Santander recently hosted a grand opening and ribbon cutting, during which Santander executives presented a $50,000 donation to representatives from St. Francis House. Boston City Councilor Kenzie Bok, who represents the Back Bay, was in attendance to celebrate the branch opening. “We have bee

Santander Bank Opens New Branch on Boylston Street in Boston

Bancolombia

UBS Group AG

Despite concerns related to higher restructuring costs and uneven economic growth, Zacks Foreign Banks industry stocks like UBS, Banco Santander (SAN) and Bancolombia (CIB) are poised to gain from interest rate hikes.

3 Top Stocks to Buy From the Prospering Foreign Banks Industry

BOSTON--(BUSINESS WIRE)--Santander Bank announced today it has raised its prime rate from 3.50% to 4.00%, effective May 4, 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 a wholly-own

Santander Bank Raises Its Prime Rate to 4.00%

Santander Looks Cheap At 6.3x P/E And 0.65x Tangible Book Value

Banco Santander SA (NYSE:SAN ) Q1 2022 Earnings Conference Call April 26, 2022 4:00 AM ET Company Participants Jose Antonio Alvarez - CEO & Vice Chairman Jose Garcia-Cantera - Senior EVP & Group CFO Conference Call Participants Ignacio Cerezo - UBS Sofie Peterzens - JPMorgan Chase & Co. Carlos Cobo Catena - Societe Generale Pamela Zuluaga - Crédit Suisse Alvaro Serrano - Morgan Stanley Andrea Filtri - Mediobanca Francisco Riquel - Alantra Carlos Peixoto - CaixaBank BPI Daragh Quinn - KBW Britta Schmidt - Autonomous Research Fernando Gil de Santivañes - Barclays Bank Benjie Creelan-Sandford - Jefferies Operator Good morning, everybody, and welcome to this conference call to discuss our financial results for the first quarter of 2022. Just as a reminder, both the results report and the presentation we will be following today are available to you on our website.

Banco Santander SA (SAN) CEO Jose Antonio Alvarez on Q1 2022 Results - Earnings Call Transcript

Spain's Santander on Tuesday said its net profit in the first quarter rose 58% compared to the same period a year ago thanks to a recovery in Europe and a solid performance in South America.

Spain's Santander Q1 profit rises 58% compared to same period a year ago

Santander UK will close most of its branches at 3 pm on weekdays as part of a shift towards digital banking. Branches will operate between 9.30 am and 3 pm on weekdays, and from 9 am to 12.30 pm on Saturdays, with the move set to take place from July.

Santander to close branches early as it transitions towards digital banking

Banking giant Santander Bank, N.A. on Wednesday (April 13) launched Santander eLockBox, an electronic lockbox that consolidates businesses' incoming digital payments and simplifies electronic receivables management, according to the company press release.

Santander Bank Debuts Santander eLockBox to Consolidate Digital Payments

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. today announced the launch of Santander eLockBox, an electronic lockbox that works to consolidate incoming digital payments and simplify electronic receivables management for businesses. The enhanced product offering allows customers to automate their revenue cycle, saving them time, reducing costs, and optimizing more resources to help support the core needs of their organizations. “The launch of our comprehensive Santander eLockBox service is a gr

Santander Bank Continues to Digitize Solutions with Launch of the Santander eLockBox

Spain's Santander on Friday said it was on track to meet its 2022 profitability target and maintained its mid-term goals thanks to solid performance in the Americas and a recovery in Europe.

Santander's 2022 targets on track as Americas help

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. ("Santander US” and “Santander”) announced today that it will increase its minimum hourly wage to $20, nearly triple the federal minimum wage and higher than the minimum wage offered by most leading competitors. The wage hike is available to Santander Bank, N.A. and Santander Consumer (“SC”) USA employees who work onsite in branches, call centers and corporate offices. For Santander Bank (“the Bank”) retail branch employees, this latest wage

Santander US Increases Minimum Wage to $20

SAN FRANCISCO--(BUSINESS WIRE)-- #automotivefinance--AutoFi, the leading commerce platform for digital automotive sales and financing, announced today that Santander Consumer Canada has joined its network of North American automotive lending partners. Santander Consumer Canada, based in Edmonton, Alberta, is part of global financial group Banco Santander based in Madrid, Spain. Participating in AutoFi's program reflects Santander Consumer Canada's progressive approach to digital financing, allowing customers to rec

Santander Consumer Canada Joins the AutoFi Lending Network to Provide Fast and Easy Online Automotive Financing

BOSTON--(BUSINESS WIRE)--Santander Bank announced today it has raised its prime rate from 3.25% to 3.50%, effective March 16, 2022. Santander Bank, N.A. is one of the country's largest retail and commercial banks with $89.5 billion in assets. With its corporate offices in Boston, the Bank's approximately 9,200 employees and more than 2 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank i

Santander Bank Raises Its Prime Rate to 3.50%

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US”), today announced that Dr. Virnitia Hendricks has been named Chief Diversity Officer, Head of Diversity, Equity and Inclusion (“DE&I”) for Santander US. Hendricks will have a dual reporting relationship to Mahesh Aditya, Santander Consumer (“SC”) CEO and US Diversity Champion and Rosilyn Houston, Santander US Chief Human Resources Officer (CHRO). Hendricks also joins the Santander US Leadership Team, headed by Santander U

Santander US Holdings Names Dr. Virnitia Hendricks Chief Diversity Officer, Head of Diversity, Equity and Inclusion

Santander Bank is streamlining its executive structure and boosting its efforts in the digital space, the Madrid, Spain, institution announced Thursday (Feb. 24). Chief Executive Officer Jose Antonio Alvarez will report to the full board directly instead of through Chairwoman Ana Botin, Santander stated in a news release.

Santander Speeds up Digital Move, Shifts Corporate Structure

Spain's Santander on Thursday said its Chief Executive Officer Jose Antonio Alvarez will report exclusively to the bank's board as part of a change in its corporate governance structure while accelerating its digital transformation.

Santander's CEO will report exclusively to the board, accelerates digital push

In today's article, I'm taking a bit of a step to the left (in Europe and Brazil) and moving into Spain. I'm looking at Santander. Banco Santander is a global banking institution with presence in all major financial centers on the planet. It's the 16th-largest on earth. It's a systemically important bank.

Santander: The Highest Banking Upside In All Of Europe

Banco Santander is one of the European banks with better fundamentals.

Banco Santander Offers A Good Combination Of Yield And Value

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BSMX) Management on Q4 2021 Results - Earnings Call Transcript

Banco Santander's (SAN) CEO José Antonio Álvarez on Q4 2021 Results - Earnings Call Transcript

News for Banco Santander Stock (SAN)