Showing 13 to 24 of 25 results
Santander to Acquire TSB Bank for €3.1 Billion
Banco Santander will acquire TSB Bank from Banco Sabadell for €3.1 billion, creating the UK's third-largest bank by current accounts and fourth by mortgages, with projected synergies of €460 million and a 13% CET1 capital ratio by 2025.
Santander to Acquire TSB Bank for €3.1 Billion
Banco Santander will acquire TSB Bank from Banco Sabadell for €3.1 billion, creating the UK's third-largest bank by current accounts and fourth by mortgages, with projected synergies of €460 million and a 13% CET1 capital ratio by 2025.
Progress
40% Bias Score
NatWest's Failed Santander Bid and Future Acquisition Plans
NatWest's £11 billion bid for Santander UK's retail banking arm was rejected, ending takeover talks; this follows NatWest's strong first-quarter results and the government's near-complete exit from its ownership.
NatWest's Failed Santander Bid and Future Acquisition Plans
NatWest's £11 billion bid for Santander UK's retail banking arm was rejected, ending takeover talks; this follows NatWest's strong first-quarter results and the government's near-complete exit from its ownership.
Progress
44% Bias Score
Santander's Private Banking Push: 12 New Hires, Focus on Higher Margins
Banco Santander is bolstering its private banking dominance in Spain with a significant hiring campaign, adding 12 employees—including CaixaBank's private banking head, Víctor Allende—to capitalize on higher-margin businesses amid falling interest rates, resulting in a 21% increase in private bankin...
Santander's Private Banking Push: 12 New Hires, Focus on Higher Margins
Banco Santander is bolstering its private banking dominance in Spain with a significant hiring campaign, adding 12 employees—including CaixaBank's private banking head, Víctor Allende—to capitalize on higher-margin businesses amid falling interest rates, resulting in a 21% increase in private bankin...
Progress
48% Bias Score
Openbank Launches in Mexico with $2 Billion Investment
Openbank, Santander's digital bank, launched in Mexico on Tuesday, offering high-yield accounts and credit/debit cards, backed by 10,000 ATMs and a planned $2 billion investment, following its October US launch which attracted $2 billion in deposits in three months.
Openbank Launches in Mexico with $2 Billion Investment
Openbank, Santander's digital bank, launched in Mexico on Tuesday, offering high-yield accounts and credit/debit cards, backed by 10,000 ATMs and a planned $2 billion investment, following its October US launch which attracted $2 billion in deposits in three months.
Progress
52% Bias Score
Santander's Strong Profits, Weak Stock Price
Despite exceeding its 2025 target of 15% tangible equity return, with 8% sales growth to €62 billion and €3.3 billion net profit in 2024, Santander's stock price underperforms due to investor concerns about interest rate impacts and geographic diversification, leaving CEO Ana Botín with limited opti...
Santander's Strong Profits, Weak Stock Price
Despite exceeding its 2025 target of 15% tangible equity return, with 8% sales growth to €62 billion and €3.3 billion net profit in 2024, Santander's stock price underperforms due to investor concerns about interest rate impacts and geographic diversification, leaving CEO Ana Botín with limited opti...
Progress
40% Bias Score
Santander Denies Plans to Exit UK Market
Banco Santander has denied reports that it is considering selling its UK operations, despite lower-than-expected returns for nearly two decades, emphasizing the UK's continued importance to its business and highlighting the complexities and regulatory challenges involved in a potential sale.
Santander Denies Plans to Exit UK Market
Banco Santander has denied reports that it is considering selling its UK operations, despite lower-than-expected returns for nearly two decades, emphasizing the UK's continued importance to its business and highlighting the complexities and regulatory challenges involved in a potential sale.
Progress
44% Bias Score
Santander Accused of Funding Deforestation in Argentina's Gran Chaco
A new report accuses Santander bank of indirectly funding deforestation in Argentina's Gran Chaco region by financing the Argentinian agribusiness group Cresud, which has deforested over 170,000 hectares since 2000, violating Santander's own deforestation policy.
Santander Accused of Funding Deforestation in Argentina's Gran Chaco
A new report accuses Santander bank of indirectly funding deforestation in Argentina's Gran Chaco region by financing the Argentinian agribusiness group Cresud, which has deforested over 170,000 hectares since 2000, violating Santander's own deforestation policy.
Progress
40% Bias Score
Mortgage Rates Plunge to Lowest Point Since September 2022
Barclays and Santander cut mortgage rates, causing the average two-year fixed rate to fall to its lowest since September 2022, benefiting borrowers and those remortgaging, although rising swap rates may slow the decline.
Mortgage Rates Plunge to Lowest Point Since September 2022
Barclays and Santander cut mortgage rates, causing the average two-year fixed rate to fall to its lowest since September 2022, benefiting borrowers and those remortgaging, although rising swap rates may slow the decline.
Progress
36% Bias Score
Santander Invests $2 Billion in Mexico, Launches Openbank
Santander's Ana Patricia Botín announced over $2 billion in Mexican investment and the launch of Openbank, its digital bank, citing Mexico's strong economy, despite US trade concerns, and plans for significant growth.
Santander Invests $2 Billion in Mexico, Launches Openbank
Santander's Ana Patricia Botín announced over $2 billion in Mexican investment and the launch of Openbank, its digital bank, citing Mexico's strong economy, despite US trade concerns, and plans for significant growth.
Progress
52% Bias Score
Santander Cuts Mortgage Rates Below 4%, Sparking Price War
Santander launched 3.99% fixed-rate mortgages (2 and 5-year terms) on Thursday, the lowest since November, requiring a 40% deposit/equity and a £1,999 fee, following a Bank of England rate cut and other lenders' reductions, potentially initiating a price war.
Santander Cuts Mortgage Rates Below 4%, Sparking Price War
Santander launched 3.99% fixed-rate mortgages (2 and 5-year terms) on Thursday, the lowest since November, requiring a 40% deposit/equity and a £1,999 fee, following a Bank of England rate cut and other lenders' reductions, potentially initiating a price war.
Progress
40% Bias Score
Santander UK Chairman Resigns Amidst Strategic Shift and Legal Challenges
Santander UK chairman William Welker resigned Tuesday, triggering a search for a successor amidst strategic shifts, including potential job cuts and a focus on US expansion, and following a £350 million provision for a British court ruling on auto loan practices.
Santander UK Chairman Resigns Amidst Strategic Shift and Legal Challenges
Santander UK chairman William Welker resigned Tuesday, triggering a search for a successor amidst strategic shifts, including potential job cuts and a focus on US expansion, and following a £350 million provision for a British court ruling on auto loan practices.
Progress
52% Bias Score
Santander Invests €9 Billion in Alternative Assets
Banco Santander has invested €9 billion in alternative assets, driven by low interest rates; its strategy involves partnerships and internal restructuring, with key figures like Javier García Carranza and Carlos Manzano leading this expansion across various sectors including SMEs, venture capital, a...
Santander Invests €9 Billion in Alternative Assets
Banco Santander has invested €9 billion in alternative assets, driven by low interest rates; its strategy involves partnerships and internal restructuring, with key figures like Javier García Carranza and Carlos Manzano leading this expansion across various sectors including SMEs, venture capital, a...
Progress
48% Bias Score
Showing 13 to 24 of 25 results