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The Latest Breaking News from Banco Santander

Santander axes 2000 jobs and warns more cuts are possible

High street lender Santander UK revealed it has axed over 2,000 jobs and warned more roles may need to be cut as part of an ongoing overhaul.

The National (Scotland)

Santander axes 2,000 jobs and warns more cuts are possible

The group announced last October it was cutting more than 1,400 jobs across the UK bank and said in March it was closing another 95 branches.

Evening Standard

Santander UK profits fall as bank lowers economic growth outlook

The UK bank said that ‘charges relating to changes to our branch network’ drove profits lower in recent months.

Evening Standard

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Ana Botín runs a bank with more customers than JPMorgan Chase and Bank of America—it takes the discipline of an Olympic athlete to do so

Ana Botín leads one of Europe’s largest banks by taking Saturdays off, capping emails off at 7.30 p.m. and following a religious health routine.

Fortune

Santander UK profit slumps as questions remain over future of British arm

The Spanish-owned high street banking giant reported a 38% drop in UK pre-tax profits to £1.33 billion for 2024.

Evening Standard

Why could Santander bank leave the UK?

The bank has not been performing as well as expected and its owner, Banco Santander, may be looking at an exit

Evening Standard

Santander UK delays results as it considers landmark car loan ruling

Some analysts say court of appeal ruling on mis-selling could cost the bank £1.1bn

The Guardian - UK

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Chart of the Day: Banco Santander - European Banks Rally!

The Chart of the Day belongs to the largest Spanish bank Banco Santander (SAN) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the...

Barchart

3 B-Rated Foreign Bank Stocks to Consider

The U.S. banking sector continues to face challenges, including rising deposit costs in a high-rate environment, credit rating downgrades, and risk of defaults in commercial real estate (CRE) lending. Hence, it could be wise to look beyond borders and add quality foreign bank stocks Banco Macro (BMA), Banco Santander (SAN),…

StockNews.com

Buy or Sell These 3 Bank Stocks?

Prolonged exposure to high-interest rates, risk of defaults on commercial real estate loans, elevated deposit costs, diminished credit demand, and stringent lending standards are expected to pile more pressure on U.S. banks. Considering these factors, should investors consider investing in foreign bank stocks Banco Santander (SAN), Akbank (AKBTY), and First…

StockNews.com

Santander Posts Record Profit In 2023 After Rate Hikes

Spanish banking giant Santander posted a record 11.1-billion-euro ($12 billion) net profit for 2023 on Wednesday as higher interest rates and a rise in global clients helped to cushion the impact of a windfall tax.

International Business Times

5 Smart Bank Stocks to Buy for Gains in 2024

The profitability of U.S. banks will likely remain under pressure due to a slowing U.S. economy, high-interest rates, the possibility of CRE defaults, rising credit card debt, and deteriorating asset quality. In this scenario, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Banco…

StockNews.com

Top 3 Bank Stocks in a B-Rated Industry

The regional banking collapse continues to cause economic concern despite the Fed’s efforts to strengthen the system's resilience. Thus, it could be wise to venture beyond national borders and invest in robust stocks Banco Santander (SAN), Banco Bilbao Vizcaya Argentaria (BBVA), and KB Financial Group (KB) that belong to the…

StockNews.com

Stocks That Hit 52-Week Lows On Tuesday

On Tuesday, 186 companies set new 52-week lows.

Benzinga

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Evening Standard

Santander appoints Grisi CEO

He succeeds José Antonio Álvarez who will remain on the board of the Spanish-owned bank

Benzinga

Hopeful Golden Cross Forms On Banco Santander's Chart

If history is any guide, there may be good fortune ahead for shares of Banco Santander (NYSE:BSBR). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 1, 2022

Upgrades

StockNews.com

3 Dividend Stocks Under $5 Worth Buying: Banco Santander, Ultrapar Participacoes, and Turkcell

Amid heightened market volatility owing to anticipation of the Fed’s aggressive interest rate increases, a war between Russia’s and Ukraine, surging oil prices, elevated stock valuations, and supply chain disruptions, dividend stocks are attractive investments to ensure a regular portfolio income stream. Thus, we think it could be wise to…

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Benzinga

Banco Santander: Q4 Earnings Insights

Banco Santander (NYSE:SAN) reported its Q4 earnings results on Wednesday, February 2, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Banco Santander reported in-line EPS of $0.14 versus an estimate of $0.14, which did not surprise analysts.

StockNews.com

3 Financial Stocks to Buy as Rates Continue to Rise

U.S. Treasury bond yields rose as high as 1.9% on Tuesday. In addition, an expected Federal Reserve interest rate hike bodes well for the financial sector. Given this backdrop, we think it could be wise to add quality financial stocks S&P Global (SPGI), Banco Santander (SAN), and Santander Consumer (SC)…

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