SAN Stock Recent News

Banco Santander SA agreed to buy Banco Sabadell SA's UK unit for £2.65 billion ($3.64 billion) in an all-cash transaction. The enlarged firm would be the third-largest UK bank by personal current account balances and the fourth-largest by mortgage value, Santander said.

BOSTON--(BUSINESS WIRE)--The Board of Governors of the Federal Reserve System (the “Federal Reserve”) informed Santander Holdings USA, Inc. (“SHUSA”) on June 27, 2025, of SHUSA's updated stress capital buffer (“SCB”) requirement, which becomes effective on October 1, 2025. SHUSA's updated SCB will be 3.4% of its common equity Tier 1 capital (“CET1”), resulting in an overall CET1 capital requirement of 7.9%. SHUSA's strong capitalization supports our planned capital actions, and the updated SCB.

Spanish bank Sabadell has decided to sell its British unit TSB to Santander for 2.65 billion pounds ($3.64 billion), Spanish newspaper Expansion said on Tuesday.

Santander is among bidders that submitted a binding offer for Spanish lender Sabadell's British unit TSB, two sources with knowledge of the matter told Reuters.

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Santander Bank has made a deal to sell seven branches in Pennsylvania as it continues its transformation into a national, digital-first bank. [contact-form-7] The firm agreed to sell the branches to Syracuse, New York-based Community Bank, which operates about 200 branches in Pennsylvania, New York, Vermont and Massachusetts.

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Santander said on Wednesday it had agreed to sell seven branches in the Allentown, Pennsylvania area to U.S.-based Community Bank as the Spanish lender pivots towards becoming a digital-first bank in the United States.

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank” or “Santander”) today announced that it has entered into an agreement with Community Bank, N.A. (“Community Bank”), a subsidiary of Community Financial System, Inc., for the sale of seven branches in the Allentown, Pennsylvania, area. The branches are located in Allentown, Bethlehem, Coopersburg, Easton, Emmaus and Whitehall. The agreement comes as Santander Bank continues to transform into a national, digital-first bank with branc.

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