Banco Santander
Santander CEO says more than 1,400 UK bank jobs being cut
“ ...as we simplify and automate we will be able to do some more (layoffs)” says CEO Hector Grisi
Santander launches US digital bank to cut cost of auto lending
SPAIN’S Santander launched its digital bank in the US on Monday (Oct 21), which could help fund up to US$30 billion in loans for vehicle purchases and broaden its retail business in the country, the b...
Santander starts a 1.525 billion euro share buyback programme
SPANISH bank Santander launched a 1.525 billion euro (S$2.2 billion) share buyback programme on Tuesday (Aug 27) as part of its shareholder remuneration target of about 50 per cent underlying profit.
Santander cuts some 300 jobs in US branches in shift to digital
BANCO Santander has cut roughly 320 jobs in the United States as it seeks to focus more on digital operations, according to a source familiar with the matter.
Shareholder returns are at peak for European banks: JPMorgan
EUROPEAN banks’ capital returns to shareholders may have already reached a peak, according to JPMorgan Chase strategists.
Barclays in talks to buy Metro Bank's mortgage book worth US$3.74 billion
Britain’s Barclays is in exclusive talks to buy embattled lender Metro Bank’s US$3.74 billion residential mortgages portfolio, Sky News reported on Monday (Nov 27).
Santander targets dozens more Credit Suisse hires in M&A push
BANCO Santander is aiming to poach dozens more Credit Suisse Group dealmakers as the firm looks to seize on a rare chance to rapidly expand its talent base, particularly in the US.
Britain fines Santander bank over money laundering failures
BRITAIN on Friday (Dec 9) hit the UK arm of Spanish banking giant Santander with a fine of almost £108 million ($S154 million), after uncovering “serious and persistent gaps” in its anti-money launder...
HSBC, Goldman, Santander ink US$810m in financing for Kavak
KAVAK, Latin America’s biggest startup, signed structured financing agreements with HSBC Holdings, Goldman Sachs Group and Banco Santander worth US$810 million as it looks to expand operations amid a ...
Santander UK, Virgin Money join firms helping staff with cost of living crisis
THE British arm of Spanish lender Santander said on Tuesday (Jul 19) it would award a 4 per cent pay rise to around 11,000 UK-based employees to help with the rising cost of living, as inflation cripp...