Edition:
United Kingdom

Banco Santander SA (SAN.MC)

SAN.MC on Madrid SE C.A.T.S.

4.10EUR
15 Feb 2019
Change (% chg)

€0.13 (+3.27%)
Prev Close
€3.97
Open
€3.97
Day's High
€4.12
Day's Low
€3.95
Volume
49,279,055
Avg. Vol
39,096,356
52-wk High
€5.75
52-wk Low
€3.80

Latest Key Developments (Source: Significant Developments)

IBM Strikes $700 Mln Deal With Santander To Accelerate Transformation
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - International Business Machines Corp ::IBM STRIKES $700M DEAL WITH SANTANDER TO ACCELERATE TRANSFORMATION.5-YEAR GLOBAL TECHNOLOGY AGREEMENT VALUED AT ABOUT $700 MILLION WITH SANTANDER GROUP.  Full Article

Banco Santander Completes Placement Of Preferred Securities For Nominal Value Of $1.2 Bln
Wednesday, 6 Feb 2019 

Feb 7 (Reuters) - Banco Santander SA ::SAID ON WEDNESDAY COMPLETED PLACEMENT OF PREFERRED SECURITIES CONTINGENTLY CONVERTIBLE INTO NEWLY ISSUED ORDINARY SHARES (CCPS), EXCLUDING PREEMPTIVE SUBSCRIPTION RIGHTS AND FOR NOMINAL VALUE OF $1.20 BILLION.ISSUE WAS CARRIED OUT THROUGH ACCELERATED BOOKBUILD TARGETED TO PROFESSIONAL INVESTORS ONLY.CCPS ARE ISSUED AT PAR AND ITS REMUNERATION IS SET AT 7.50% ON ANNUAL BASIS FOR THE FIRST FIVE YEARS.WILL REQUEST EUROPEAN CENTRAL BANK TO CONSIDER CCPS ELIGIBLE AS ADDITIONAL TIER 1 CAPITAL.CCPS ARE PERPETUAL, BUT THEY MAY BE CALLED UNDER CERTAIN CIRCUMSTANCES AND WOULD BE CONVERTED INTO NEWLY ISSUED ORDINARY SHARES OF BANCO SANTANDER IF CET1 RATIO OF THE BANK OR ITS CONSOLIDATED GROUP WERE TO FALL BELOW 5.125%.TO REQUEST ADMISSION TO TRADING OF CCPS ON GLOBAL EXCHANGE MARKET OF IRISH STOCK EXCHANGE.  Full Article

Santander says lender is totally prepared for all Brexit scenarios
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Banco Santander SA chairman Ana Botin::Says bank is totally prepared for all Brexit scenarios.  Full Article

Santander sees medium term ROTE of 13-15 pct, CET1 ratio of 11-12 pct
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Banco Santander SA Chairman Ana Botin::Says bank targets medium term ROTE of 13-15 percent and CET1 ratio of 11-12 percent.Says bank does not expect a no-deal Brexit .Says bank has hedging instruments in pound sterling for one year.  Full Article

Banco Santander Says Not To Proceed With Appointment Of Andrea Orcel As CEO Of The Group
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Banco Santander SA ::SAYS NOT TO PROCEED WITH PLANNED APPOINTMENT OF ANDREA ORCEL AS CHIEF EXECUTIVE OFFICER OF THE GROUP.JOSÉ ANTONIO ÁLVAREZ ÁLVAREZ WILL CONTINUE IN ROLE OF CEO OF SANTANDER GROUP AND SHALL ALSO SERVE AS VICE CHAIRMAN OF BANCO SANTANDER.JOSÉ ANTONIO ÁLVAREZ ÁLVAREZ SHALL NOT SERVE AS CHAIRMAN OF SANTANDER ESPAÑA.  Full Article

Santander UK Acknowledges FCA Findings, Accepts Failings In Historical Probate & Bereavement Processes
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Banco Santander SA ::SANTANDER UK - ACKNOWLEDGES FCA FINDINGS IN ITS NOTICE DATED DEC. 19; ACCEPTS FAILINGS IN HISTORICAL PROBATE, BEREAVEMENT PROCESSES.  Full Article

Santander Brasil's CEO Rial says bank will continue to grow without acquisitions
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Banco Santander Brasil SA ::SANTANDER BRASIL'S CFO ANGEL SANTODOMINGO SAYS PRESSURE ON NET INCOME MARGIN WAS HIGHER ON CORPORATE LOANS.SANTANDER BRASIL'S CFO SANTODOMINGO SAYS PRESSURE ON NET INCOME MARGIN IS A TREND FOR COMING QUARTERS.SANTANDER BRASIL'S CFO SANTODOMINGO SEES POSITIVE TREND ON ASSET QUALITY.SANTANDER BRASIL'S CFO SANTODOMINGO SAYS MANY BRAZILIAN COMPANIES ARE PREPARING SHARE OFFERINGS.SANTANDER BRASIL'S CEO SERGIO RIAL SAYS BANK WILL CONTINUE TO GROW WITH NO ACQUISITIONS.  Full Article

Santander new CEO has not been appointed to launch a capital increase - CEO
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Banco Santander SA CEO Jose Antonio Alvarez::Says incoming CEO has not been appointed to launch a capital increase in near future.Says expects bank and overall Spanish sector to fare well in upcoming stress test after reduction in non-performing assets.Says bank is investigating and cooperating with German authorities in fraud probe on dividend windfall.  Full Article

Santander says new CEO to focus on organic growth, will look at opportunities in core markets
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Banco Santander SA CEO Jose Antonio Alvarez::Says new CEO to focus on organic growth, but will look into opportunities in existing core markets "as we always did" .  Full Article

Santander sees well-sustained NII evolution in Spain in coming quarters
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Banco Santander SA Jose Antonio Alvarez::Says expects well-sustained future net interest income evolution in Spain in coming quarters.  Full Article

RPT-UPDATE 1-Banco Santander opts to roll-over CoCo bond

MADRID, Feb 12 Banco Santander on Tuesday opted not to call a 1.5 billion euro ($1.7 billion) additional tier one (AT1) bond once the deadline expired, becoming the first European lender not to redeem this kind of hybrid debt that can be converted into equity.