News: Banco Santander SA (SAN.MC)
20 Dec 2013
MADRID, Dec 13 - Bidders for Spain's nationalised NCG Banco could benefit from up to 2.3 billion euros ($3.16 billion) in tax credits that count as capital if they buy the bank, three banking sources said, though most may still ask for extra state aid to ease the sale.
LONDON, Dec 11 - Nathan Bostock has proved himself an expert in shrinking bloated banks, yet his retail banking skills are likely to hold the key to whether he lands the top job at Santander's British arm.
* HSBC places fair value of $468.2 million on stake as of Sept. 30
Dec 10 - Royal Bank of Scotland said its finance director, Nathan Bostock, had resigned after just 10 weeks in the job, dealing a major blow to the state-backed bank's turnaround efforts.
MADRID/LONDON - Santander , Spain's largest bank, is to buy HSBC's 8 percent stake in Bank of Shanghai, just as many international rivals are beginning to sell out of China.
* Deal, including cooperation agreement, worth 470 mln eur
MADRID - Spain's largest bank Banco Santander said on Tuesday it had agreed to buy HSBC's 8 percent stake in China's Bank of Shanghai and had signed a cooperation agreement.
MADRID, Dec 10 - Spain's largest bank Banco Santander said on Tuesday it had agreed to buy HSBC's 8 percent stake in China's Bank of Shanghai and had signed a cooperation agreement.
MADRID, Nov 28 - Spain's Santander said its Mexican unit would pay a special dividend and issue subordinated debt in an operation that would strengthen and diversify the Latin American bank's capital.
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