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Banco Santander SA (SAN)

SAN on New York Consolidated

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26 Jun 2019
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Tue, Jun 4 2019

UPDATE 1-Spain's Banco Santander to cut about 200 jobs in UK business

* Lender axing 20 pct of UK branches (Adds details, union comment)

Spain's Banco Santander to cut about 200 jobs in UK business

LONDON, June 4 Spain's Banco Santander is to cut about 200 jobs in its British subsidiary as part of a reorganisation, it said on Tuesday, adding that the changes would affect the corporate and commercial banking division.

Spain's retailer DIA avoids insolvency after agreement with Santander-source

MADRID, May 20 Spanish retailer DIA on Monday avoided filing for insolvency after it reached an agreement with Santander on its debt restructuring, a source with knowledge of the matter said.

Fridman's DIA plan offers less to Spanish banks than foreign bondholders-Santander

MADRID, May 20 The plan from Russian tycoon Mikhail Fridman's investment fund LetterOne for the Spanish retailer DIA offered much less for Spanish banks than to foreign bondholders, Santander chairman Ana Botin said on Monday.

UPDATE 2-Santander wants to cut 11 pct of total workforce in Spain

* Expects cost savings of 750 million euros from Popular integration (Adds Popular integration context, union quotes)

Santander's Mexican unit announces that chairman of board to leave post

MEXICO CITY The chairman of the board of the Mexican unit of Spanish bank Santander, Marcos Martinez Gavica, will leave his position, the bank said in a statement on Thursday.

UPDATE 1-Santander's Mexican unit announces that chairman of board to leave post

MEXICO CITY, May 2 The chairman of the board of the Mexican unit of Spanish bank Santander, Marcos Martinez Gavica, will leave his position, the bank said in a statement on Thursday.

Santander's Mexican unit announces that chairman of board to leave post

MEXICO CITY, May 2 The chairman of the board of the Mexican unit of Spanish bank Santander, Marcos Martinez Gavica, will leave his position, the bank said in a statement on Thursday.

UPDATE 2-Santander net profit falls 10 pct, hit by restructuring costs

MADRID, April 30 Santander reported a 10 percent fall in first-quarter net profit on Tuesday as restructuring costs in Britain and Poland hurt the bank's results.

UPDATE 3-European banks Credit Agricole and Santander team up in asset services

* Business line tie-ups easier than full-blown mergers (Adds detail on advisers, stock price and more detail)

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