|Bid||0.00 x 0|
|Ask||44.35 x 0|
|Day's Range||40.00 - 42.00|
|52 Week Range||24.50 - 45.00|
|PE Ratio (TTM)||15.58|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SAO PAULO (Reuters) - The asset management arms of Banco Santander SA and JPMorgan Chase & Co have signed a partnership in Brazil, both companies said in a statement on Tuesday. JP Morgan Asset Management ...
Banco Santander has reached an agreement with unions to reduce the number of staff affected by planned job cuts relating to the integration of Banco Popular by around 900, a union said on Tuesday. Santander was originally planning more than 2,000 job cuts, of which 575 the bank was looking to accommodate within its other businesses, the Comisiones Obreras union said in early November. Santander declined to comment on Tuesday.
The asset management arms of Banco Santander SA and JPMorgan Chase & Co have signed a partnership in Brazil, both companies said in a statement on Tuesday. JP Morgan Asset Management will transfer management ...
City National Bank has agreed to purchase Miami-based TotalBank in a $528 million all-cash deal from Banco Santander of Spain. The merger, if approved by regulators, means City National will become the third-largest bank based in Florida. The deal comes nearly six months after TotalBank's Spanish parent company, Banco Popular, was acquired by Banco Santander (SAN) for the nominal consideration of one euro.
Banco Santander said on Friday it had sold its U.S. unit Totalbank to Chile's BCI for $528 million as part of moves to sell non-core assets it inherited when it bought Banco Popular. BCI owns City National Bank of Florida and had been in talks with TotalBank's former owner Banco Popular before it was acquired by Santander, sources have told Reuters.
Banco Santander (SAN) to take goodwill impairment charge of 600 million euros in Q4 results. Yet, it maintains dividend and EPS goals for 2017 and 2018.
A group campaigning for compensation to almost a shareholders in Bradford and Bingley, the UK bank nationalized in 2008, has alleged that the UK government was guilty of "gross misfeasance" and possibly unlawful financial assistance to a non-UK bank, as it uncovers a Bank of England transcript.
Spain's largest bank Santander said it would take an impairment charge of 600 million euros (532 million pounds), mostly due to its U.S. consumer finance group, a move it said would hit fourth quarter earnings. The decision follows a review of the bank's goodwill and is driven by a fall in earnings at Santander Consumer USA Holdings relative to previous years, Santander said in a statement late on Tuesday. Santander said that the sale of Allfunds Bank, partly to funds GIC and Hellman & Friedman and partly to Warburg Pincus and General Atlantic, would reduce its fully loaded core tier 1 capital ratio (CET1) by nine basis points in the fourth quarter.
(Reuters) - American Express on Thursday said it was working with Ripple, a blockchain solutions provider, to enable cross-border payments in partnership with Santander UK. The card issuer said its foreign ...
American Express on Thursday said it was working with Ripple, a blockchain solutions provider, to enable cross-border payments in partnership with Santander UK. The card issuer said its foreign exchange ...
Payments made by American Express’ business customers on its FXIP platform will now be routed through Ripple’s enterprise blockchain network.
Spain's biggest bank Banco Santander (SAN.MC) plans to lay off more than 2,000 employees due to the integration of Banco Popular, which it acquired in June after EU authorities ordered its rescue, a union said on Wednesday. Santander, which took on more than 11,000 employees from Banco Popular, is expected to cut staff at both lenders' corporate centres to lower costs, its chief executive Jose Antonio Alvarez said last month. The Comisiones Obreras union, one of Santander's largest, said it wanted the bank to find jobs for 575 of the employees at the company's other units.
Banco Santander (BSBR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Banco Santander Brasil SA will offer hedging contracts and expand its loan book to Brazilian commodities producers, as the bank tries to grab market share in the booming sector, a bank executive told Reuters. Carlos Aguiar, responsible for the bank's agribusiness segment, said Santander plans to extend finance trading transactions in commodities futures and to offer hedging contracts directly to producers. The Brazilian unit of Spain's Santander SA aims to double its agribusiness loan book in the country in the coming years.
Banco Santander Brasil SA beat its profitability target in the third quarter as the nation's economic recovery allowed it to expand loans to retail clients faster than expected. Return on equity at the ...
The bank, based in Santiago, Chile, said it had earnings of 46 cents per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research ...
Banco Santander Brasil SA has beat its target for return over equity significantly this quarter, Chief Financial Officer Angel Santodomingo told analysts on Thursday. The Brazilian unit of Spain's Banco ...
Banco Santander is in the process of selling its U.S. unit Totalbank, Chief Executive Jose Antonio Alvarez said on Thursday. "We are in a process which could end with the sale of the bank," Alvarez ...