Edition:
United Kingdom

Banco Santander SA (SAN.MC)

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

4.48EUR
1:02pm BST
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€-0.01 (-0.12%)
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Volume
9,760,406
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39,047,176
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€3.80

Latest Key Developments (Source: Significant Developments)

Santander Signs MoU With Credit Agricole To Combine Caceis and Santander Securities Services
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Banco Santander SA ::SIGNED MOU WITH CREDIT AGRICOLE WITH PURPOSE OF COMBINING CACEIS AND ITS SUBSIDIARIES WITH SANTANDER SECURITIES SERVICES AND ITS SUBSIDIARIES.UNDER TRANSACTION SANTANDER WOULD CONTRIBUTE 100% OF S3 GROUP’S OPERATIONS IN SPAIN AND 49.99% OF ITS OPERATIONS IN LATIN AMERICA TO CACEIS, IN EXCHANGE FOR 30.5% OF SHARE CAPITAL AND VOTING RIGHTS OF CACEIS.REMAINING 69.5% WOULD CONTINUE TO BE HELD BY CASA.LATIN AMERICAN OPERATIONS OF S3 GROUP WOULD BE JOINTLY CONTROLLED BY CACEIS AND SANTANDER GROUP.IT IS ESTIMATED THAT THE COMBINATION OF CACEIS GROUP AND THE S3 GROUP WILL RESULT IN A CAPITAL GAIN OF ABOUT EUR 700 MILLION FOR SANTANDER.TRANSACTION TO HAVE SLIGHTLY POSITIVE IMPACT (3 BASIS POINTS) IN CET 1 AND WOULD BE SLIGHTLY ACCRETIVE IN ORDINARY EARNINGS PER SHARE.THE GROUP EXPECTS TO APPLY THE REFERRED CAPITAL GAIN TO EXTRAORDINARY CHARGES AND PROVISIONS.IF FINAL AGREEMENT IS REACHED, THE COMPLETION OF THE TRANSACTION IS EXPECTED TO TAKE PLACE IN 2019.  Full Article

Santander says committed to Britain regardless of Brexit outcome
Friday, 12 Apr 2019 

April 12 (Reuters) - Banco Santander SA ::CHAIRMAN ANA BOTIN TELLS SHAREHOLDERS WHATEVER THE OUTCOME OF BREXIT THE BANK REMAINS COMMITTED TO BRITAIN."WHATEVER HAPPENS WITH BREXIT, WE WILL BE THERE" (IN BRITAIN), BOTIN SAYS .  Full Article

Spain's Santander says not interested in German Banks
Friday, 12 Apr 2019 

April 12 (Reuters) - Banco Santander SA ::CHAIRMAN ANA BOTIN TELLS SHAREHOLDER MEETING SANTANDER IS NOT INTERESTED IN GERMAN BANKS.  Full Article

Banco Santander Q4 Net Profit 2.07 Bln Euros
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Banco Santander SA ::FY NET PROFIT 7.81 BILLION EUROS.FY NET INTEREST INCOME 34.34 BILLION EUROS.Q4 NET PROFIT 2.07 BILLION EUROS.Q4 NET INTEREST INCOME 9.06 BILLION EUROS.FULLY-LOADED CORE TIER 1 CAPITAL RATIO 11.30 PERCENT AT END-DECEMBER.RETURN ON TANGIBLE EQUITY (ROTE) 12.00 PERCENT IN Q4.BAD LOAN RATIO 3.73 PERCENT AT END-DECEMBER.  Full Article

Mapfre And Banco Santander Reach Deal For Distribution Of Insurance Products
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Mapfre ::TO BUY THROUGH MAPFRE ESPANA 50.01 PERCENT OF A NEWLY CREATED COMPANY FOR TOTAL PRICE OF 82.2 MILLION EUROS.BANCO SANTANDER, THROUGH ITS UNIT SANTANDER SEGUROS, WILL CONTINUE TO BE THE OWNER OF THE REMAINING 49.99 PERCENT OF SAID COMPANY.NEWLY CREATED COMPANY WILL SELL AUTO, COMMERCIAL MULTI-RISK, AND OTHER INSURANCE DISTRIBUTED IN BANCO SANTANDER NETWORK IN SPAIN.DEAL TO LAST UNTIL END OF 2037.  Full Article

Marketinvoice Says Barclays And Santander Invest 56 Mln Stg In Equity, Debt Funding
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Marketinvoice::MARKETINVOICE - BARCLAYS AND SANTANDER INVEST IN UK FINTECH FIRM MARKETINVOICE.MARKETINVOICE - SECURES £56M IN EQUITY AND DEBT FUNDING.MARKETINVOICE - TECHNOLOGY CREDIT FUND VIOLA CREDIT WILL PROVIDE DEBT FACILITY OF UP TO £30M TO CO.MARKETINVOICE- FUNDING TO EXPAND UK MARKET PRESENCE AND LAUNCH FINTECH-BANK PARTNERSHIPS.  Full Article

UK's FCA Says Santander UK Fined 32.8 Mln Stg For Failings In Probate & Bereavement Process
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - UK'S FCA: :SANTANDER UK PLC (SANTANDER) FINED £32.8M FOR SERIOUS FAILINGS IN ITS PROBATE AND BEREAVEMENT PROCESS.FINANCIAL CONDUCT AUTHORITY HAS FINED SANTANDER FOR FAILING TO EFFECTIVELY PROCESS ACCOUNTS AND INVESTMENTS OF DECEASED CUSTOMERS.SANTANDER DID NOT TRANSFER FUNDS TOTALLING OVER 183M STG TO BENEFICIARIES WHEN IT SHOULD HAVE DONE. 40,428 CUSTOMERS WERE DIRECTLY AFFECTED.SANTANDER ALSO FAILED TO DISCLOSE INFORMATION RELATING TO ISSUES WITH PROBATE AND BEREAVEMENT PROCESS TO FCA AFTER IT BECAME AWARE OF THEM.  Full Article

Banco Santander To Pay Third Interim Dividend Of 0.065 Euro Gross/Shr
Tuesday, 18 Dec 2018 

Dec 19 (Reuters) - Banco Santander SA ::SAID ON TUESDAY IT WOULD PAY A THIRD INTERIM DIVIDEND FROM 2018 PROFIT OF 0.065 EURO GROSS PER SHARE ON FEBRUARY 1, 2019.  Full Article

Banco Santander will buy $2.5 bln in notes issued by Brazilian unit
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Banco Santander Brasil SA ::BANCO SANTANDER BRASIL TO ISSUE $2.5 BILLION IN NOTES - FILING.BANCO SANTANDER WILL BUY NOTES ISSUED BY BRAZILIAN UNIT - FILING.BANCO SANTANDER BRASIL WILL ISSUE NOTES THAT WILL BE ACCOUNTED AS TIER 1 AND 2 CAPITAL RATIOS - FILING.BANCO SANTANDER BRASIL SAYS NOTES WILL REDUCE COST OF DEBT - FILING.BANCO SANTANDER BRASIL'S $1.25 BILLION TIER 1 NOTES WILL PAY 7.25 PERCENT - FILING.BANCO SANTANDER BRASIL'S $1.25 BILLION TIER 2 NOTES WILL PAY 6.125 PERCENT - FILING.  Full Article

Santander has submitted a bid for its own HQ in Madrid - CEO
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Banco Santander SA CEO Jose Antonio Alvarez::Says bank has submitted a bid for its own HQ in Madrid.Says will decide on potential staff, branch reductions in Spain once integration with Banco Popular is at more advanced stage.  Full Article

Hamas shifts tactics in bitcoin fundraising, highlighting crypto risks - research

LONDON/JERUSALEM, April 26 The armed wing of Hamas is using increasingly complex methods of raising funds via bitcoin, researchers say, highlighting the difficulties regulators face in tracking cryptocurrency financing of outfits designated by some as terrorist groups.