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Thu, 28 Mar 2024
18:52:54 +0000
Santander adds ex-Marcus head to lead retail banking and digital push
The U.S. arm of Spanish banking giant Santander has hired Swati Bhatia to oversee retail banking and its digital transformation efforts. Bhatia joins at "an inflection point" for the company, which aims to be "a digital bank with branches," CEO Tim Wennes said.
Thu, 28 Mar 2024
08:22:37 +0000
Santander hires ex-Marcus chief to lead US digital transformation
Swati Bhatia becomes the second Goldman consumer-banking vet to find a landing spot in just over a week.
Wed, 27 Mar 2024
15:00:01 +0000
MOVES-Santander Bank names former Goldman exec as US retail banking head
Santander Bank on Wednesday named former Goldman Sachs executive Swati Bhatia as its new head of retail banking and transformation in the United States, effective immediately. Bhatia most recently led Goldman's direct-to-consumer Marcus business and was previously the chief payments risk officer at privately held financial technology giant Stripe. In the new role, she will report to Tim Wennes, Santander U.S. CEO and country head, and Daniel Barriuso, global head of the bank's retail and commercial banking and group transformation.
Tue, 26 Mar 2024
00:01:00 +0000
Tougher action needed to combat copycat banking websites, says Which?
Which? wants to see whichever party wins the next election place a duty on domain registrars to prevent scammers setting up fraudulent websites.
Mon, 25 Mar 2024
06:04:19 +0000
Analysis-Spain's battle of the banks as BBVA narrows gap to Santander
MADRID (Reuters) -BBVA's share price has more than trebled since late 2020, narrowing its valuation gap to Santander and highlighting a divergence in fortunes between the Spanish banks that may be short-lived. Both trace their roots to 1857 and neighbouring northern Spanish cities, but Santander emerged as the dominant bank in Spain with more than twice the assets of BBVA and, until very recently, a far larger market capitalisation. But the gap has narrowed from 20 billion euros ($22 billion) three years ago to around 5.5 billion euros, raising questions about which has got their strategy right.
Mon, 18 Mar 2024
12:39:28 +0000
Dive Deposits: Santander pay frustration should be aimed at the US
A proxy adviser urged shareholders to reject a €12.2 million pay package for Chair Ana Botín. She earns less than half what CEOs at similarly sized U.S. banks make, but the gripe is over fixed salary.
Mon, 18 Mar 2024
12:31:42 +0000
Santander UK launches new £185 offer to switch current accounts
The offer is open to new and existing Santander UK customers, the bank said.
Fri, 08 Mar 2024
07:00:00 +0000
The best is yet to come: These women are leading Europe’s biggest companies, proving success has no limits
Who run the world? You know it. This International Women’s Day, Fortune curated a handpicked selection of female leaders at the helm of European companies aged 55 and above.
Tue, 05 Mar 2024
13:20:11 +0000
Santander’s Ebury Said to Eye London IPO at £2 Billion Valuation
(Bloomberg) -- Ebury, a cross-border payments platform backed by Banco Santander SA, has been meeting with banks as it prepares for a London initial public offering that could value it as much as £2 billion ($2.5 billion), people familiar with the matter said.Most Read from BloombergOlivia Rodrigo Is Not Kid-Friendly? Don't Act Surprised.Tech Giants Drag Down US Stocks After Torrid Rally: Markets WrapGold Climbs to Record on Mix of Fed Pivot and Geopolitical RisksApple’s iPhone Woes in China Dee
Mon, 04 Mar 2024
13:08:45 +0000
20 Largest Banks in The World by Market Cap
In this piece, we are going to shed light on the 20 Largest Banks in The World by Market Cap. If you want to skip our detailed analysis of the banking sector, you can go directly to 5 Largest Banks in The World by Market Cap. The global banking industry is on the rise, with […]
Mon, 04 Mar 2024
10:10:59 +0000
Santander cuts roughly 320 US jobs: reports
Many of the layoffs are centered on the bank’s retail operations, ahead of the expected launch of a fully digital platform in the U.S. this summer.
Mon, 04 Mar 2024
08:53:32 +0000
UPDATE 1-Santander cuts 320 US jobs in digital shift, source says
Spanish bank Santander has cut around 320 jobs in the United States as it seeks to focus more on digital operations, a person familiar with the matter said. The euro zone's second largest bank by market value laid off about 2.4% of its total workforce of 13,489 at the bank's group operations in the United States, the person said. Santander said in a statement that the lender was evolving its U.S. business, investing in digital capabilities and simplified processes to adapt to changing customer needs.
Mon, 04 Mar 2024
02:03:22 +0000
Santander’s Top Banker in Asia Garrigues Said to Depart Lender
(Bloomberg) -- Banco Santander SA’s head of corporate finance in Asia Pacific, Gonzalo Garrigues, has left his role with the Spanish lender in Hong Kong, according to people familiar with the matter.Most Read from BloombergChina Scraps Premier Li's Briefing, Breaking Years of ConventionWall Street’s DEI Retreat Has Officially BegunWhat to Remember If the Stock Market Takes a DiveHaley Gets First Primary Win in D.C. With Super Tuesday AheadYoung Hong Kongers Who Defied Xi Are Now Partying in Chin
Sun, 03 Mar 2024
20:38:37 +0000
Santander cuts 320 US jobs in digital shift, source says
The euro zone's second largest bank by market value laid off about 2.4% of its total workforce of 13,489 at the bank's group operations in the United States, the person said. Santander said in a statement that the lender was evolving its U.S. business, investing in digital capabilities and simplified processes to adapt to changing customer needs. The move comes as Santander aims to launch a fully digital platform in the United States this summer in its consumer and commercial units.
Sun, 03 Mar 2024
20:35:36 +0000
Santander cuts 320 US jobs in digital shift, Bloomberg reports
Spain's Banco Santander SA has cut roughly 320 jobs in the U.S. as it seeks to focus more on digital operations, Bloomberg News reported on Sunday citing a person familiar with the matter. The Spanish banking giant laid off about 2.7% of U.S. employees in recent days, out of a workforce of about 11,800, the report said, adding that the dismissals are focused on the bank's retail operations. Santander did not immediately respond to a Reuters' request for comment on the report.
Wed, 28 Feb 2024
14:44:00 +0000
Banco Santander Chile Announces Redemption of Notes
SANTIAGO, Chile, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (“Santander Chile” or the “Company”) (NYSE: BSAC; SSE: Bsantander) announced today that it has given notice to Citibank, N.A., London Branch, as fiscal agent and paying agent (in such capacity, the “Fiscal and Paying Agent”) that the Company is redeeming all Santander Chile’s outstanding JPY 10,500,000,000 0.60% Senior Fixed Rate Notes due 2024 (the “Notes”). A notice of redemption has been issued by Santander Chile today t
Wed, 28 Feb 2024
10:00:21 +0000
Santander Online Bank to Offer AI-Based Price Targets for Stocks
(Bloomberg) -- Banco Santander SA’s online bank is launching a service for clients in which it offers price targets for more than 1,000 stocks based on artificial intelligence.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldTrump Eyes $4 Billion Stock Windfall as His Legal Bills Pile UpFlawed Valuations Threaten $1.7 Trillion Private Credit BoomOffice Tower Deal for $1 Reveals Anxiety Among Lon
Mon, 26 Feb 2024
23:15:47 +0000
The 3 Best Dividend Stocks Under $10 to Buy Now
Low-price stocks typically turn heads with their potential for diversification and the allure of a robust dividend yield. In the quest for investment opportunities, stocks under $10 present a compelling proposition for those looking to build a diversified portfolio. These stocks offer the prospect of significant returns and come with the advantage of dividend payments. Additionally, it’s critical to approach these opportunities with a blend of excitement and caution. The reality is that companie
Mon, 26 Feb 2024
13:41:43 +0000
Spain's ports see goods traffic rise as Red Sea crisis continues
The volume of goods moving through Spain's top ports rose by as much as 25% in January as attacks on shipping in the Red Sea caused companies to divert Europe-bound vessels around southern Africa instead. Spain's northern ports have also seen volumes in transit jump by up to triple as traders opt to avoid moving goods by truck through Europe because of widespread blockades by farmers, Spanish retail and food industry association Aecoc says. Overall traffic of goods to Spanish ports - including merchandise, bulk liquids and dry bulk - increased by 3.4% in January compared to a 3.3% decline in traffic last year, according to official figures.
Fri, 23 Feb 2024
16:27:23 +0000
Santander to offer 95% mortgages on new-build homes
Santander is lowering the required percentage mortgage deposit for new-build homes from Tuesday.



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