SAN Stock Recent News

Credit Agricole agreed to buy a 30.5% stake from Spain's Santander in custody and asset servicing entity Caceis, the banks said on Thursday, in a deal that will give the French lender full control of the business.

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. announced today it has lowered its prime rate from 7.75% to 7.50% effective December 18, 2024. Santander Bank, N.A. is one of the country's leading retail and commercial banks, with $102 billion in assets. With its corporate offices in Boston, the Bank's more than 5,100 employees and more than 1.8 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The.

NEW YORK--(BUSINESS WIRE)--Telsey Advisory Group LLC (TAG) announced today that it has entered a strategic alliance with Santander's U.S. broker-dealer subsidiary Santander U.S. Capital Markets LLC. TAG is a recognized leader in the consumer sector, with an established track record, highly regarded analysts, and a clear vision for expansion. TAG, founded in 2006 by Dana Telsey, is a leading equity research firm, with a strong institutional equity sales and agency trading platform focused on the.

Mortgages rates across the UK declined once again this week as Barclays PLC (LSE:BARC) and Banco Santander (LSE:BNC) were among those to cut. According to Moneyfacts, typical interest on a two-year fixed-rate mortgage declined from 5.4894% to 5.4685% between Monday and Friday.

Banco Santander has appointed PayPal veteran Nitin Prabhu as its global head of Digital Consumer Bank (DCB). In this role as head of one of the bank's five global businesses, Prabhu will be responsible for the auto and consumer business globally as well as its fully digital bank Openbank, Santander said in a Wednesday (Dec. 11) press release.

BOSTON--(BUSINESS WIRE)--Santander Bank has officially launched Openbank, a new digital banking platform, whose initial offering brings high yield savings opportunities to more Americans. Openbank's high yield savings account features an attractive Annual Percentage Yield (APY) of 5.00%*, no fees, low minimum deposits, and an exceptional customer experience with frictionless account opening that takes less than four minutes. With the launch of Openbank, Santander expands its addressable market.

Stephen Stanley, Santander U.S. Capital Markets chief U.S. economist, joins 'Power Lunch' to discuss November's Federal Reserve minutes.

The Portuguese arm of Spanish banking giant Santander would consider a potential acquisition of rival Novo Banco, depending on price, Santander Totta's CEO said on Tuesday.

Banco Santander (LSE:BNC) has made a provision of £295 million for possible motor finance commission compensation claims. Results from the UK arm of the Spanish bank were delayed after a case on 25 October where the Court of Appeal ruled that motor dealers acting as credit brokers had acted illegally in not disclosing commissions on loans for car sales.

The UK arm of Spain's Banco Santander , said on Wednesday it had set aside 295 million pounds ($375 million) to cover possible costs related to an industry-wide probe into motor finance commissions.