Banco Santander SA (SAN)
26 May 2017
Latest Key Developments (Source: Significant Developments)
Spain's Banco Santander
Moody's On Uk Banks: Fencing rules to impact banks' credit fundamentals .Expects that the ring fencing rules will affect HSBC, Barclays, RBS, Lloyds, Santander UK, but will not apply to nationwide. Full Article
Santander has pulled out of talks with Royal Bank of Scotland to buy Williams & Glyn - FT, citing sources
:Santander has pulled out of talks with Royal Bank of Scotland to acquire Williams & Glyn - FT, citing sources. Full Article
Santander Holdings USA Inc.
Poland's BZ WBK bank
Bank Zachodni WBK
Santander Consumer USA Holdings Inc - : Santander Consumer USA Holdings announces appointment of William Rainer as board chairman .Blythe Masters has resigned from board to take on a new role with Banco Santander, S.A. as group senior advisor on blockchain. Full Article
S&P - Various U.K. Bank outlooks revised due to potential economic deterioration following Brexit vote
S&P : S&P - Various U.K. Bank outlooks revised due to potential economic deterioration following Brexit vote . S&P - Revised to negative from stable the outlooks on Barclays PLC and Barclays Bank Plc (including its core subsidiaries) . S&P - Revised to stable from positive our outlook on U.K.-Based NOHC The Royal Bank Of Scotland Group PLC (RBSG) . S&P - Affirmed the long- and short-term counterparty credit ratings on Santander UK Group Holdings PLC . S&P - Affirmed the long- and short-term counterparty credit ratings on Standard Chartered PLC and its rated bank subsidiaries . S&P - "Revised view based on outcome of the Brexit Vote, which we expect will reduce consumer confidence and the demand for credit in the near term" . S&P - See UK banks' strengthened capital, liquidity, funding profiles provide flexibility to manage extended period of economic , market uncertainty . S&P - "Believe that the U.K. economy is now entering a correction phase" Source - http://bit.ly/29qhzUN (Bengaluru Newsroom; +1 646 223 8780). Full Article
MADRID, May 19 Spain's biggest bank Santander or state-owned lender Bankia are most likely to step in to save troubled Banco Popular, sources familiar with the talks told Reuters, although a deal is still far from guaranteed.