Charles Penty
Santander Consumer USA seeks $1.56 billion in auto loans IPO
MADRID - Banco Santander SA’s U.S. consumer lender subsidiary, which originates subprime loans for new-vehicle purchases and leases, is seeking to raise as much...
Santander sells fund unit stake to Warburg, General Atlantic
MADRID – Banco Santander SA agreed to sell half of its asset-management division to U.S. buyout firms Warburg Pincus LLC and General Atlantic LLC...
Santander names Javier Marin as CEO after Saenz quits
MADRID - Banco Santander SA, Spain’s biggest bank, named Javier Marin as its new CEO, turning to a leader from a younger generation after...
Santander among 28 Spanish banks cut by Moody’s on debt risk
MADRID - Banco Santander SA – parent of Boston-based Sovereign Bank – and Banco Bilbao Vizcaya Argentaria SA were among 28 Spanish banks downgraded...
Santander 2011 profit to be in line with 2010, Botin says
MADRID, Spain - Banco Santander SA Chairman Emilio Botin told shareholders that full-year profit at Spain’s biggest bank would be “in line” with 2010...
Santander looks to raise funds, sells 5% stake in Brazil unit...
MADRID - Banco Santander SA, the parent company of Sovereign Bank, agreed to sell $2.7 billion of bonds that must be converted into stock...
Spain’s Santander funds at higher rate to inferior banks thanks to...
MADRID - Anyone wondering why the most profitable bank in the euro region pays more to borrow than some of the worst performers can...
Santander analysts’ trades before Potash takeover bid made $1.1M profit, SEC...
WASHINGTON - A Banco Santander SA analyst and an accomplice illegally reaped almost $1.1 million with insider trades before BHP Billiton Ltd.’s $39 billion...
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