- Reuters•2 days ago
Spanish lender Banco Santander SA has invested in two artificial-intelligence companies, part of the financial industry's increased focus on technology smart enough to mimic human thinking, sources familiar with the deals told Reuters. The bank's venture arm, Santander InnoVentures, bought stakes in Personetics Technologies, which provides automated customer service, and Gridspace, whose software can learn and interpret language the way a person would, the sources said. The deals underscore how lenders have become more interested in using artificial intelligence for a wide variety of tasks, including hiring, spotting fraud, improving call centers and recommending products for customers.
- Reuters•3 days ago
Outlets of Santander Bank , already under fire for lending practices, denied mortgages to women, minorities and low-income borrowers in the U.S. Northeast more frequently than nearby banks, according to an analysis by an industry reform group on Thursday. Santander denied more than 26 percent of borrowers of color a mortgage in 2014, when other banks in the same locations only turned down 17 percent in aggregate, according to the analysis. Meanwhile, in 2015, Santander rejected more than three people of color for every white borrower it turned down.
- MarketWatch•3 days ago
European stocks end lower the first time in eight sessions on Thursday, weighed by a slide in shares of heavyweight Nestlé and a retreat for banks and major oil companies.
SAN.MC : Summary for BANCO SANTANDER S.A. - Yahoo Finance
Banco Santander, S.A. (SAN.MC)
MCE - MCE Delayed Price. Currency in EUR
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|Bid||5.13 x 103900|
|Ask||5.14 x 5360800|
|Day's Range||5.08 - 5.22|
|52 Week Range||3.15 - 5.49|
|PE Ratio (TTM)||12.54|
|Dividend & Yield||0.23 (4.32%)|
|1y Target Est||N/A|