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Santander Buys 30% Of Atempo Growth
Santander And Mapfre Sign New Agreement Linked To Bank's Vehicle Leasing Service
Santander Closes Multi-Year Partnership With Scuderia Ferrari
Banco Santander, S.A. is a Spain-based company engaged as a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country. The Latin America segment embraces all its financial activities conducted through its banks and subsidiaries in the region. The United States segment includes the Intermediate Holding Company (IHC) and its subsidiaries Santander Bank, Banco Santander Puerto Rico, Santander Consumer USA, Banco Santander International, Santander Investment Securities, and the Santander branch in New York. The Company's commercial model satisfies the needs of all types of customers: individuals with various income levels.
Ciudad Grupo Santander
Avda de Cantabria s/n
BOADILLA DEL MONTE, MAD
Jose Antonio Alvarez
Chief Executive Officer and Executive Vice Chairman of the Board
Bruce Neil Carnegie-brown
Vice Chairman of the Board and Lead Independent Non-Executive Director
Jose Antonio Garcia Cantera
Group Chief Financial Officer
Jaime Perez Renovales
Group Head of General Secretariat and Human Resources, Secretary
Juan Manuel Cendoya Mendez de Vigo
Group Head of Communications, Corporate Marketing and Research
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Spain's Santander announced on Wednesday the launch Zinia, a new buy now, pay later platform it plans to roll out across its markets this year, starting in the Netherlands and Spain.
A Madrid court has cut a compensation payout awarded to banker Andrea Orcel over Santander's withdrawal of a CEO job offer to 51.4 million euros ($58.75 million) from an initial 67.8 million euros, a court document seen by Reuters on Friday showed.
* Court reduces compensation to Orcel by 16 mln to 51.4 mln euros
Santander plans to challenge a court ruling it must pay Andrea Orcel 68 million euros ($77 million) for changing its mind over making him CEO, though lawyers say the bank has a slim chance of clawing back much in a battle that has damaged its reputation.
A Madrid court has ordered Santander to pay Italian banker Andrea Orcel 67.8 million euros ($76.42 million) after it withdrew its offer to make him CEO, a pricey twist in an employment dispute that has captivated the world of high finance. The row between Orcel and Santander...
Andrea Orcel’s win is Ana Botin’s loss. A Madrid court on Thursday awarded the Italian banker 68 million euros as compensation for Banco Santander’s sloppy reversal of its decision to make him chief executive. The $53 billion Spanish lender has vowed to appeal. But this...
Spanish bank Santander has been ordered by a Madrid court to pay Italian banker Andrea Orcel 67.8 million euros ($76.40 million) over a withdrawn offer to make him chief executive.
A Madrid court ruled on Friday that Santander will have to pay 67.8 million euros($76.38 million) plus interests in compensation to Andrea Orcel after deciding that the offer letter was a binding contract. ($1 = 0.8877 euros) (Reporting by Jesus Aguado and Emma Pinedo; Editing...
BBVA's third-quarter net profit rose 22.7% on lower loan-loss provisions and a strong performance from Mexico, its main market, which offset pressure on lending income in Spain.
* Net profit rises 24% to 2.17 bln euros, vs 1.97 bln forecast
Axel Weber, the chairman of UBS, made it clear in September 2018 to his Santander counterpart, Ana Botin, that the bank would not stump up Andrea Orcel's deferred pay if he quit to join the Spanish rival, Weber told a court on Wednesday, showing the pivotal role he played...
Axel Weber, the chairman of UBS, warned his Santander counterpart Ana Botin in September 2018 the Swiss bank would apply compensation rules to Andrea Orcel in case he quit, the Swiss banker told a Spanish court on Wednesday.
A hearing between Italian banker Andrea Orcel and Santander over the withdrawal of an offer to make him chief executive resumed on Wednesday with the Chairman of UBS Axel Weber taking centre stage.
A court hearing of a case brought by Italian banker Andrea Orcel against Santander over the bank's withdrawal of an offer to make him CEO is expected to resume on October 20, a statement from the Madrid court said on Tuesday.
The hearing of the case brought by Italian banker Andrea Orcel against Santander over the bank's withdrawal of an offer to make him CEO is expected to resume on October 20, a court source said on Tuesday.
Santander's U.S. business is to buy the minority stake in its U.S. consumer unit it does not already own for around $2.5 billion, slightly more than it agreed to pay in July.
Spain's Santander beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss provisions, strong U.S. consumer business and a rise in mortgage lending in the UK market.
Santander, the euro zone's second-largest bank by market value, said on Monday its payment fintech unit, PagoNxt, would start to serve customers in 30 countries in Europe under the Getnet brand.
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)
Spain's Santander said on Thursday its holding company in the United States agreed to buy U.S. fixed-income broker Amherst Pierpont for around $600 million as it gains a bigger foothold in a more profitable business in this market.
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