|Bid||5.205 x 103900|
|Ask||5.228 x 5360800|
|Day's Range||5.188 - 5.343|
|52 Week Range||5.105 - 6.093|
|PE Ratio (TTM)||12.89|
|Forward Dividend & Yield||0.24 (4.35%)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has today upgraded the ratings of two tranches, confirmed two tranches and affirmed five tranches in three Spanish ABS-SME deals. Today's upgrades conclude Moody's review, dated 24 April 2018, following the upgrade of the Government of Spain's sovereign rating to Baa1 from Baa2 and the raising of the country ceiling of Spain to Aa1 from Aa2 ( see http://www.moodys.com/viewresearchdoc.aspx?docid=PR_381868, published on 13 April 2018).
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he likes Altaba Inc (NASDAQ: AABA ). Lloyds Banking Group PLC (ADR) ADR (NYSE: LYG ) is a $3 stock and everybody likes a $3 stock, said ...
Banco Santander SA has its eyes on some of Royal Bank of Scotland Group Plc’s businesses again. The British unit of Spain’s biggest bank plans to apply for a slice of the 775 million pounds ($1 billion) of funds that RBS agreed to make available to stimulate competition in the U.K. small-business lending market. The European Union accepted an RBS proposal to make the funds available after the bank failed to sell its Williams & Glyn unit.
Moody's Investors Service ("Moody's") has today upgraded the ratings of two tranches, confirmed two tranches and affirmed five tranches in three Spanish ABS-SME deals. Issuer: Fondo de Titulización ...
has scored a digital coup: the Spanish bank has become the first company in the world to use blockchain to make it easier for investors to vote at an annual meeting. , a technology company, ran a test at Santander’s annual meeting in March. Voting took place by traditional methods but they used blockchain, a giant online public ledger, to produce a shadow register.
Ms Borges, 34, grew up in the interior of the state of São Paulo and divides her time between its sprawling financial metropolis and Paris, the French capital, to create large-scale canvases. In February 2017, she was invited to visit the national congress, having been commissioned alongside five fellow artists by the Moreira Salles Institute (IMS), a non-profit philanthropic arts institution in Brazil, to create works that explored social conflicts for the opening of a new space.
Carillion Plc, the failed U.K. outsourcing company, has been criticized by lawmakers investigating its collapse for misclassifying borrowings. As much as 498 million pounds ($674 million) of Carillion’s liabilities were incorrectly identified as “other creditors,” the U.K. Parliament Work and Pensions Committee said in a statement on Monday, citing estimates from Moody’s. Carillion’s board had discussed the issue in 2015, attributing mounting short-selling of the company’s shares to UBS Group AG broker research highlighting issues with its debt, the committee said. The figure represents money owed to banks including Banco Santander SA as part of a government initiative to speed up payments to suppliers.
MPs investigating the collapse of Carillion revealed new evidence on Monday that the outsourcer used suppliers to “prop up its failing business model” ahead of their final report into the scandal this week. The work and pensions committee published a letter from Santander bank that showed Carillion used small businesses from builders to school meal providers as a line for credit. It showed that Santander has written off £91m that Carillion owed suppliers through a so-called “early payment facility” operated by the bank.
Banco Santander SA is working on a digital financial service for small and medium-sized companies in the U.K. as it expands the range of products it offers in its third-biggest market. “We are excited by the opportunity to help more SME’s to prosper and look forward to sharing more about the platform soon,” the Santander, Spain-based lender said in an emailed statement. Santander is boosting the range of products it offers in the U.K., where mortgages still make up the bulk of a business that contributed 13 percent of first-quarter profit for Spain’s biggest bank.
Banco Santander, S.A., together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. Banco Santander is one of Spain’s large-cap stocksRead More...
RIBEIRÃO PRETO, Brazil, May 7 (Reuters) - Agricultural equipment makers in Brazil are banking on strong sales this year, boosted by a second straight bumper soy crop and rising grain prices, which will more than offset weakness in the sugar cane sector, they said at a major trade show. Some machinery producers are forecasting sales growth as high as 8 percent in 2018 as farmers' confidence rises and record-low interest rates encourage them to borrow and invest. If that is good, the farmer will decide to buy," said Rodrigo Bonato, Latin America sales director for machinery maker Deere & Co, during an interview last week at Agrishow, Brazil's biggest agribusiness expo.
Moody's Investors Service ("Moody's") has today upgraded the rating of the Class A notes in IM GBP Consumo I, FT. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
Britain's markets watchdog is proposing to make it easier for homebuyers to find the best mortgage after finding that nearly a third of borrowers fail to find the cheapest deal. The Financial Conduct Authority (FCA) on Friday published the interim findings of a review into Britain's trillion-pound mortgage market, launched in December 2016 to determine whether customers could obtain better deals and if links between industry players limit choice. "We found that there are limitations to the effectiveness of the tools available to help consumers choose a mortgage," the interim report said.
Moody's de México has today assigned Aaa.mx and A3 Mexican national and global scale long-term senior unsecured debt ratings to Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's (Banco Santander México) proposed issuance of certificados bursátiles bancarios (cebures) of up to MXN3 billion, with a maturity of up to four years and with a chance to place an additional amount depending on investor demand wich could potentially make the final amount of this proposed issuance of ceberues of up to MXN3.45 billion. The outlook on the rating is stable.
The transaction is a static cash securitisation of term loans granted by Cajamar Caja Rural, Sociedad Cooperativa de Crédito ("Cajamar", NR) to small and medium-sized enterprises (SMEs) and self-employed individuals located in Spain. The ratings of the Notes are primarily based on the analysis of the credit quality of the underlying portfolio, the structural integrity of the transaction, the roles of external counterparties and the protection provided by credit enhancement.
Moody's Investors Service ("Moody's") announced today that the proposed replacement of Abbey National Treasury Services plc (Aa3/P-1/Aa2(cr)) currently acting as swap provider, by Banco Santander S.A., London Branch ((P)A2/(P)P-1/A3(cr)) will not, in and of itself and as of this time, result in the downgrade or withdrawal of the ratings of the issued debt of Bilkreditt 7 Designated Activity Company, a Norwegian Auto ABS originated by Santander Consumer Bank AS. Additionally, swap amendments relating to the collateral posting and swap replacement triggers are also being proposed.
The pound has gone from currency market darling to pariah over the past month, but things could be about to get worse. Sterling has tumbled since reaching a post-Brexit high against the dollar in April as a flurry of weak U.K. economic data pushed investors to price out the possibility of an interest-rate increase by the Bank of England this month. Banco Santander SA expects the currency to continue to slide to $1.32 by the end of the year, a level not seen since November.
BP Plc analysts praised results which beat estimates thanks to strength in both the upstream and downstream divisions, helping to send the shares to an almost eight-year high. RBC Capital Markets also lauded BP’s cash flow potential compared with peers. Royal Dutch Shell Plc generated less cash than analysts forecast in the first quarter and its shares were hammered after Chief Financial Officer Jessica Uhl said the company wasn’t yet ready to commence a $25 billion stock repurchase program.
The Santiago, Chile-based bank said it had earnings of 53 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for ...
Moody's Investors Service has today upgraded Banco Popular Espanol, S.A.'s (Banco Popular) deposit ratings to A2/Prime-1 from Baa2/Prime-2 and its senior unsecured programme ratings to (P)A2/(P)Prime-1 ...
UK Asset Resolution, the British 'bad bank' set up to manage the assets of two failed lenders, has sold two portfolios of residential mortgages to an investor group led by Barclays (BARC.L), boosting the public purse by 5.3 billion pounds. The sale of around 45,000 Bradford & Bingley and Mortgage Express housing loans is expected to complete within the next few weeks, the company said in a statement on Thursday. The 5.3 billion pounds sum includes the final 4.7 billion pounds repayment of a 15.65 billion pounds Financial Services Compensation Scheme (FSCS) loan extended to Bradford & Bingley when it was nationalised in 2008.
Shares in Banco Santander Brasil SA slumped around 2 percent in early afternoon trading in São Paulo on Wednesday, the day after results beat forecasts, as analysts said its current valuation was still too high. On Tuesday after the market closed, the Brazilian unit of Spain's Banco Santander SA recorded recurring net income of 2.859 billion reais ($815.88 million) in the first quarter, topping Thomson Reuters analysts consensus by nearly 9 percent. In a note to clients, Goldman Sachs analysts said the bank topped their estimates, but questioned current Santander Brasil valuation.