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.

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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.

Santander, Spain's largest lender, delivered a near-300% increase in net profit in the third quarter, driven by an overall improvement in business conditions, although it increased its cash buffers to deal with bad loans as the coronavirus pandemic continues to impact households and businesses. The bank reported net profit of €1.750 billion ($2.07 billion) in the third quarter of the year on Tuesday, up from €501 million ($597 million) in the same quarter last year and comfortably above expectations for a profit of €1.004 billion ($1.187 billion), based on a Bloomberg survey of analysts.

Spain's Santander posts near-300% rise in 3rd-quarter net profit as consumers and businesses recover from the COVID-19 pandemic

Santander Consumer (SC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Santander Consumer (SC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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With European banks gearing up to report third-quarter earnings, analysts are expecting sharp reductions in loan loss provisions to drive a fragile stabilization.

European banks are set for a better earnings season as bad loan payouts stabilize

Banco Santander Mexico (BSMX) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Banco Santander Mexico (BSMX) Surges: Stock Moves 5.5% Higher

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank” or “the Bank”) announced today the appointment of three key executives: Patrick Smith has been named Head of Small Business Banking, Giancarlo Marchesi has been named Head of Consumer Lending, and Jennifer Mathissen has been named Chief Marketing Officer. They will report to Head of Consumer and Business Banking Pierre Habis. The appointments are another important step in Santander Bank’s growth and transformation strategy. “Santan

Santander Bank Announces Key Executive Appointments

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“SBNA”) today announced the opening of a new branch in Miami, Florida, marking an important next step in establishing branches outside of the bank’s northeast U.S. footprint. Located in the lobby of the Banco Santander International (“BSI”) Miami headquarters building at 1401 Brickell Avenue, SBNA’s Miami branch will offer a full suite of products and services for new and existing customers, including serving local small businesses, high net-worth

Santander Bank Expands Footprint with the Opening of a New Branch in Miami

Santander's chairman Ana Botin will be called to trial as a witness next year after the Spanish bank and Italian banker Andrea Orcel could not agree an out-of-court deal in a row over its withdrawal of an offer to make him boss.

Santander's Orcel dispute set for trial with Botin a witness

A Madrid court on Monday called UBS chairman Axel Weber to speak as a witness in a trial that will kick off on March 10 next year between Santander and Italian banker Andrea Orcel over a withdrawn CEO job offer.

Madrid court calls UBS chairman Axel Weber as witness in Orcel trial with Santander

Santander, the Spanish multinational banking giant, is announcing that its fintech venture arm is to be spun out and will be managed more autonomously going forward. Previously known as Santander Innoventures and first established in 2014, the VC is being re-branded to Mouro Capital.

Santander spins out its $400M fintech venture capital arm, now called Mouro Capital

First Bancorp

First BanCorp (FBP) completed the acquisition of Santander BanCorp and its wholly-owned subsidiary Banco Santander Puerto Rico, after receiving necessary regulatory nods in July.

First BanCorp (FBP) Concludes Acquisition of Banco Santander

MADRID, Aug. 17, 2020 /PRNewswire/ -- Banco Santander, S.A.

Banco Santander S.A. declares quarterly dividend on preferred stock

EXTON, Pa.--(BUSINESS WIRE)--AFS announced today that Santander Bank, N.A., has signed on to convert to AFSVision, the state-of-the-art commercial lending system from AFS.

Automated Financial Systems, Inc. Announces Santander Bank’s Selection of AFSVision®, the Next Generation Commercial Lending System

The top Spanish bank posted a record quarterly loss.

Why Banco Santander's Shares Fell 12.5% in July

Banco Santander-Chile (BSAC) Q2 2020 Results - Earnings Call Transcript

Banco Santander México, S.A. (BSMX) CEO Héctor Grisi on Q2 2020 Results - Earnings Call Transcript

Banco Santander: Performing Much Better Than Expected, Now Yielding 10%

Banco Santander Brasil SA (BSBR) Management on Q2 2020 Results - Earnings Call Transcript

Banco Santander, S.A. (SAN) CEO Jose Antonio Alvarez on Q2 2020 Results - Earnings Call Transcript

Santander Consumer USA Hlds

Santander Consumer USA Holdings Inc. (SC) CEO Mahesh Aditya on Q2 2020 Results - Earnings Call Transcript

Spain's Santander reported a record net loss of 11.1 billion euros (10.08 billion pounds) in the second quarter, taking the biggest hit yet for a European bank dealing with the coronavirus crisis which it tried to offset with lower costs.

Spain's Santander books record $13 billion loss on COVID-19 impairments

Three of Europe's biggest banks have added billions more to their reserves to cover bad debts as they brace for one of the worst global recessions on record.

Europe's banks set aside billions more as they brace for bad debts

Santander Consumer (SC) delivered earnings and revenue surprises of -233.33% and -0.08%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Santander Consumer (SC) Reports Q2 Loss, Misses Revenue Estimates

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Analysts Estimate Santander Consumer (SC) to Report a Decline in Earnings: What to Look Out for

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The bank said it would like to use its new capital to pursue acquisitions. This could mean a huge deal that could transform the Boston banking scene.

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