Banco Santander

Societe Generale expands Japan credit business with Santander, UBS hires

The redundancy plan takes place as lenders worldwide shift towards online banking to better serve clients and amid a competitive landscape in Britain’s mortgage market.

Santander CEO says more than 1,400 UK bank jobs being cut

Santander has over US$45 billion in retail deposits at its 409-strong US branch network, mainly in nine states in the northeast, and over US$60 billion for auto-related loans.

Santander launches US digital bank to cut cost of auto lending

Santander, the eurozone’s second-biggest lender by market value, said that execution of the buyback started on Tuesday and could last until Jan 3.

Santander starts a 1.525 billion euro share buyback programme

The job cuts come even as Santander expands its investment bank in the US, with some 200 hires over the past year or so.

Santander cuts some 300 jobs in US branches in shift to digital

Lenders have benefited from the European Central Bank’s historic monetary-tightening campaign, but its expected conclusion has sparked warnings that increases in lending revenue will be capped, curbing earnings growth for banks in the region.

Shareholder returns are at peak for European banks: JPMorgan

A deal is likely to be struck by the end of the year.

Barclays in talks to buy Metro Bank's mortgage book worth US$3.74 billion

Banco Santander is in talks with Credit Suisse merger advisers and capital markets bankers beyond the eight managing directors it’s already hired, according to people familiar with the matter.

Santander targets dozens more Credit Suisse hires in M&A push

Santander did not dispute the findings, and therefore qualified for a 30-per-cent discount on the fine, which would otherwise have totalled nearly £154 million.

Britain fines Santander bank over money laundering failures

Moises Flores, CFO of Kavak, says: “We can ensure infinite runway, if we wanted to, we’ll just have to pace the growth.”

HSBC, Goldman, Santander ink US$810m in financing for Kavak