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India

Banco Santander SA (SAN.MC)

SAN.MC on Madrid SE C.A.T.S.

4.16EUR
15 Jul 2019
Change (% chg)

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€4.16
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38,184,937
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€4.86
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€3.80

Latest Key Developments (Source: Significant Developments)

Duke Dayal appointed as Santander UK CFO
Wednesday, 10 Jul 2019 

July 10 (Reuters) - Banco Santander SA ::DUKE DAYAL APPOINTED AS SANTANDER UK CHIEF FINANCIAL OFFICER.DAYAL CURRENTLY SERVES AS CFO OF SANTANDER HOLDINGS USA AND IS PRESIDENT AND CEO FOR SANTANDER BANK NA.DAYAL WILL REPORT TO UK CEO NATHAN BOSTOCK AND WILL TAKE UP ROLE SEPT 16.  Full Article

Santander agrees to pay Allianz Group 936.5 million euros to terminate agreement
Monday, 24 Jun 2019 

June 24 (Reuters) - Banco Santander SA ::BANCO SANTANDER S.A. - AGREEMENT WITH THE ALLIANZ GROUP.HAS REACHED AN AGREEMENT WITH THE ALLIANZ GROUP TO TERMINATE THE AGREEMENT FOR THE EXCLUSIVE DISTRIBUTION OF PRODUCTS THROUGH THE BANCO POPULAR NETWORK.THE TERMINATION AGREEMENT WILL ENTAIL THE PAYMENT BY SANTANDER GROUP OF 936,500,000 EUROS.  Full Article

Allianz And Banco Santander To Resolve Allianz Popular Bancassurance In Spain
Monday, 24 Jun 2019 

June 24 (Reuters) - Allianz ::SAYS ALLIANZ AND BANCO SANTANDER TO RESOLVE ALLIANZ POPULAR BANCASSURANCE PARTNERSHIP IN LIFE INSURANCE, PENSIONS, ASSET MANAGEMENT, AND NON-LIFE INSURANCE IN SPAIN.SAYS BANCO SANTANDER TO PAY 936.5 MILLION EUROS TO ACQUIRE ALLIANZ’S 60 PERCENT STAKE IN JOINT VENTURE ALLIANZ POPULAR SL AND FOR TERMINATION OF EXCLUSIVE NON-LIFE INSURANCE DISTRIBUTION AGREEMENT.SAYS TRANSACTION IS SUBJECT TO REGULATORY APPROVALS AND EXPECTED TO BE COMPLETED IN 1Q 2020.  Full Article

Santander Brasil CFO Santodomingo Does Not Expect Asset Quality To Deteriorate In Coming Quarters
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Banco Santander Brasil SA ::SANTANDER BRASIL CFO SANTODOMINGO SAYS BANK DOES NOT EXPECT ASSET QUALITY TO DETERIORATE IN COMING QUARTERS (INSTEAD OF DOES EXPECT).SANTANDER BRASIL CFO ANGEL SANTODOMINGO SAYS BANK IS STILL SEEKING HIGHER AND PROFITABLE MARKET SHARE.SANTANDER BRASIL SHARES RISE 1.3 PERCENT AT OPENING AFTER QUARTERLY RESULTS.  Full Article

Santander does not plan further UK branch reductions - CEO
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Banco Santander Jose Antonio Alvarez: :Says bank does not plan further UK branch reductions beyond 140 branch reductions already announced.  Full Article

Santander sees more regulatory capital headwinds of between 20-30 Bps for rest of 2019
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Banco Santander CEO Jose Antonio Alvarez::Sees further regulatory capital headwinds of between 20 to 30 basis points for the rest of 2019.  Full Article

Santander Q1 Net Profit At 1.84 Bln Euros
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Banco Santander SA ::Q1 NET PROFIT 1.84 BILLION EUROS.Q1 NET INTEREST INCOME 8.68 BILLION EUROS.FULLY-LOADED CORE TIER 1 CAPITAL RATIO 11.25 PERCENT AT END-MARCH.BAD LOAN RATIO 3.62 PERCENT AT END-MARCH.RETURN ON TANGIBLE EQUITY (ROTE) 11.15 PERCENT IN Q1.SAYS CONFIDENT TO ACHIEVE MEDIUM-TERM TARGETS, INCLUDING A ROTE OF 13-15 PERCENT.  Full Article

Santander Says Co Partners With Microsoft As A Preferred Strategic Cloud Provider
Monday, 29 Apr 2019 

April 29 (Reuters) - :SANTANDER SAYS CO PARTNERS WITH MICROSOFT AS A PREFERRED STRATEGIC CLOUD PROVIDER.  Full Article

Santander Signs MoU With Credit Agricole To Combine Caceis and Santander Securities Services
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Banco Santander SA ::SIGNED MOU WITH CREDIT AGRICOLE WITH PURPOSE OF COMBINING CACEIS AND ITS SUBSIDIARIES WITH SANTANDER SECURITIES SERVICES AND ITS SUBSIDIARIES.UNDER TRANSACTION SANTANDER WOULD CONTRIBUTE 100% OF S3 GROUP’S OPERATIONS IN SPAIN AND 49.99% OF ITS OPERATIONS IN LATIN AMERICA TO CACEIS, IN EXCHANGE FOR 30.5% OF SHARE CAPITAL AND VOTING RIGHTS OF CACEIS.REMAINING 69.5% WOULD CONTINUE TO BE HELD BY CASA.LATIN AMERICAN OPERATIONS OF S3 GROUP WOULD BE JOINTLY CONTROLLED BY CACEIS AND SANTANDER GROUP.IT IS ESTIMATED THAT THE COMBINATION OF CACEIS GROUP AND THE S3 GROUP WILL RESULT IN A CAPITAL GAIN OF ABOUT EUR 700 MILLION FOR SANTANDER.TRANSACTION TO HAVE SLIGHTLY POSITIVE IMPACT (3 BASIS POINTS) IN CET 1 AND WOULD BE SLIGHTLY ACCRETIVE IN ORDINARY EARNINGS PER SHARE.THE GROUP EXPECTS TO APPLY THE REFERRED CAPITAL GAIN TO EXTRAORDINARY CHARGES AND PROVISIONS.IF FINAL AGREEMENT IS REACHED, THE COMPLETION OF THE TRANSACTION IS EXPECTED TO TAKE PLACE IN 2019.  Full Article

Santander says committed to Britain regardless of Brexit outcome
Friday, 12 Apr 2019 

April 12 (Reuters) - Banco Santander SA ::CHAIRMAN ANA BOTIN TELLS SHAREHOLDERS WHATEVER THE OUTCOME OF BREXIT THE BANK REMAINS COMMITTED TO BRITAIN."WHATEVER HAPPENS WITH BREXIT, WE WILL BE THERE" (IN BRITAIN), BOTIN SAYS .  Full Article

Deals of the day-Mergers and acquisitions

July 3 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: