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BANCO SANTANDER reported a profit of $2.4 billion in the second quarter. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander sees Americas surge make up for weak Europe profit

MADRID, Spain – It looks like Banco Santander SA picked the right time to grow in Latin America.The Spanish lender’s surging businesses there delivered...
BANCO SANTANDER reached an agreement with unions cut 3,223 jobs in Spain, 13% less than the bank’s original proposal of 3,700 cuts. / BLOOMBERG NEWS FILE PHOTO/ANTONIO HEREDIA

Santander, unions reach agreement on 3,223 job cuts in Spain

MADRID, Spain – Banco Santander SA reached an agreement with unions to cut 3,223 jobs in Spain as the lender seeks to capitalize on...
BANCO SANTANDER SA plans to cut its workforce by 11% in Spain. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander plans to cut Spain workforce by 11% in efficiency push

NEW YORK – Banco Santander SA plans to cut its workforce by 11% in Spain as the lender continues the process of shuttering duplicated...
BANCO SANTANDER reported a profit of $9.22 billion in 2018. / BLOOMBERG NEWS FILE PHOTO/ANGEL NAVARRETE

Santander reports $9.2B profit in 2018, seeks to move past Orcel...

NEW YORK - Banco Santander SA reported a profit of $9.22 billion in 2018, an increase from $7.46 billion in 2017.Gross income for the year...

Santander launches digital business payments platform

PROVIDENCE – Santander Bank has launched Santander Enterprise Payment Link, a new digital platform designed to help businesses simplify and digitize their payment processing.The...
BANCO SANTANDER SA’s third-quarter profit grew by 36 percent to $2.26 billion in the third quarter. /. BLOOMBERG NEWS FILE PHOTO/ANGEL NAVARRETE

Santander posts $2.3 billion Q3 profit

NEW YORK - Banco Santander SA’s third-quarter profit grew by 36 percent to $2.26 billion (1.99 billion euros) in the third quarter, allowing Spain’s...
BANCO SANTANDER IS seeking to increase control of its U.S. subprime auto loan unit, which seems more likely now after the bank passed the Federal Reserve's bank stress test last month. /BLOOMBERG FILE PHOTO /ANGEL NAVARRETE

Boston-based Santander Bank reports $157 million profit in Q2

PROVIDENCE – Santander Bank reported a 6 percent increase in profit in the second quarter on Wednesday.The Boston-based United States retail and commercial banking...
SANTANDER BANK implemented a blockchain system for investor voting at its annual meeting this spring in Spain.

Santander Bank initiates blockchain voting system for investors

PROVIDENCE – Santander Bank, which has branches in Rhode Island and Massachusetts, implemented a blockchain system for investor voting at its annual meeting in...
BANCO SANTANDER SA reported net income of $2.51 billion for the first quarter of 2018, while its U.S. operations, which include Santander Bank, posted earnings of $152.7 million. / BLOOMBERG FILE PHOTO/ANGEL NAVARETTE

Santander U.S. operation posts $153M profit for Q1

PROVIDENCE – Banco Santander SA’s United States operations reported profit of $152.7 million (125 million euros), a more than 50 percent increase from about...
A LOGO for Banco Santander SA sits illuminated. / BLOOMBERG FILE PHOTO/ANGEL NAVARETE

Botin says higher dividend is option as Santander builds capital

NEW YORK - Banco Santander SA Chairman Ana Botin held out the prospect that Spain’s biggest bank could increase its dividend as it continues...
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