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Santander To Early Redeem And Cancel 500 Mln Euro Mortgage Bonds
Banco Santander Files Prospectus Supplement Related To $1.50 Bln 2.749% Tier 2 Subordinated Fixed Rate Notes Due 2030
Santander To Carry Out Partial Redemption Of Bond Issue Amounting Up To 250.0 Mln Euros
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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Santander has reached agreement with unions to lay off 3,572 employees and close 1,033 branches in Spain as part of a sweeping cost-cutting plan, a spokesman for the bank said on Wednesday.
By Jody Godoy The Financial Industry Regulatory Authority has fined Santander Investment Securities Inc for failing to capture 6 million of its employees' emails for review over five years in violation of industry rules requiring securities firms to monitor broker communications...
Wirecard's <WDIG.DE> insolvency administrator Michael Jaffe on Monday said the payment system provider's technology platform had been sold to Spain's Banco Santander <SAN.MC>.
Spanish lenders, including Santander <SAN.MC>, are increasing cost-cutting measures to cope with the economic impact from the COVID-19 pandemic, ultra-low interest rates in the euro zone and a shift by customers towards online banking.
Santander <SAN.MC> rebounded strongly in the third quarter from a record second-quarter loss and tentatively signalled that the worst of the crisis may be over as loan repayment rates improved and cost cuts took effect.
The bosses of European banks Barclays and Santander have called on regulators to allow lenders to restart payouts to shareholders after blocking them due to the COVID-19 pandemic, saying they boost confidence in the broader economy.
(This October 6 story corrects date of Santander buying Banco Popular to 2017 from 2016; removes name of spokesman)
Santander on Monday called a general shareholders' meeting on October 27 to approve a 0.10 euros per share cash dividend to be paid in 2021, pending a green light from the European Central Bank.
A high-profile row between Spain's Santander and Andrea Orcel will go to a court showdown in March after they failed to reach a deal over the withdrawal of an offer to make the Italian banker chief executive.
A Madrid court on Monday called UBS <UBSG.S> chairman Axel Weber to speak as a witness in a trial that will kick off on March 10 next year between Santander <SAN.MC> and Italian banker Andrea Orcel over a withdrawn CEO job offer.
Natwest Markets and Banco Santander have sold a 1.5% stake in Saudi British Bank (SABB) <1060.SE>, for $200 million in a sale of shares, according to a term sheet seen by Reuters.
Spain's Santander <SAN.MC> 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.
The European leaders' agreement on a massive stimulus plan for their coronavirus battered economies should help kick-start cross-border consolidation in Europe and complete the European banking union, Santander <SAN.MC> Chairman Ana Botin said.
A Madrid court will start preliminary proceedings on Sept. 14 for a lawsuit brought by Italian banker Andrea Orcel against Santander <SAN.MC> over the bank's withdrawal of an offer to make him CEO, a court spokesman said on Thursday.
Shareholders of Mexico's stock exchange on Friday elected Marco Martinez, the former president of Spanish bank Santander's Mexican unit, to be its new board president.
Spain's Santander bank <SAN.MC> said on Thursday it would hire 3,000 IT professionals worldwide this year to support its digital transformation and improve efficiency, at a time when lenders are focusing on cutting costs.
Banking giant Santander's <SAN.MC> quarterly net profit dived by 82% as it set aside 1.6 billion euros ($1.7 billion) to cover expected loan losses caused by the COVID-19 pandemic.
Santander <SAN.MC> on Thursday launched a money service app in the United Kingdom that will initially be free of fees for transfers of up to 3,000 pounds ($3,740) due to the coronavirus pandemic as lenders try to fend off competition from start-ups in the payments industry.
Santander <SAN.MC> has boosted its lending capacity to 90 billion euros ($97.3 billion) to support households in the fight against the coronavirus outbreak after cancelling its final 2019 dividend and its remuneration policy for 2020, chairman Ana Botin told investors on...
Santander's executive chairman Ana Botin on Friday said that the bank's cancellation of its final 2019 dividend would save the bank an additional 1.6 billion euros ($1.7 billion) in capital.
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