Previous Close | 3.6300 |
Open | 3.5800 |
Bid | 3.5700 x 40000 |
Ask | 3.5800 x 34100 |
Day's Range | 3.5700 - 3.6150 |
52 Week Range | 2.2600 - 4.0900 |
Volume | |
Avg. Volume | 2,873,476 |
Market Cap | 58.46B |
Beta (5Y Monthly) | 1.33 |
PE Ratio (TTM) | 5.76 |
EPS (TTM) | 0.6200 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.12 (3.32%) |
Ex-Dividend Date | Apr 27, 2023 |
1y Target Est | 5.29 |
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EY agreed to terminate a consulting contract and refund millions of pounds to Santander’s UK business after failings in its anti-financial crime work for the bank, according to three people with knowledge of the matter. The Big Four consultancy was one of several external advisers called on by Santander as it attempted to address financial crime and anti-money laundering systems that had drawn scrutiny from regulators, according to two of the people. The quality of work performed by EY was so poor that the professional services giant was forced this year to offer the bank a refund of about £15mn for the project, the people said.
Santander said it was consolidating its retail-and-commercial and consumer activities under two new global businesses and maintained its financial targets outlined in February.
Banco Santander (NYSE:BME:SAN) announced on Monday that it is restructuring its retail-and-commercial and consumer operations under two new global business units, Retail&Commercial and Digital Consumer Bank. This move is part of the bank's strategy to align its operations with the rest of the group's model.