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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...
THE OFFICE OF THE COMPTROLLER of the Currency will examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods as part of its regular fourth-quarter schedule of Community Reinvestment Act evaluations. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander announces $11B plan to boost community reinvestment

BOSTON – Santander Bank on Monday announced a new plan to put $11 billion toward community lending, development and charitable giving over the next...
BANCO SANTANDER reported a $1.7 billion profit for the third quarter of 2017, a 10.5 percent decline year over year. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander underlying profit gains as charges hurt net income

NEW YORK - Banco Santander, parent of Santander Bank, benefited from a surge in earnings in Brazil during a quarter that saw profit hit by restructuring...
BANCO SANTANDER has recently purchased minority stakes in three more financial-technology firms. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander buys stakes in 3 startups as Botin pushes into fintech

NEW YORK - Banco Santander, Spain’s biggest lender, bought minority stakes in three financial-technology firms as Chairman Ana Botin makes machine learning a hallmark...
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

Santander said to plan boosting stake in U.S. consumer unit

NEW YORK -Banco Santander plans to go ahead with a proposal to increase control of its United States subprime auto loan unit, after the business...
BANCO SANTANDER IS believed to be seeking about $5.7 billion billion for a 51 percent stake in real estate loans and assets it inherited when it purchased the failing Banco Popular Espanol. /BLOOMBERG FILE PHOTO /ANGEL NAVARRETE

Santander is said to seek $5.7B for Popular assets

NEW YORK - Banco Santander SA is asking about 5 billion euros ($5.7 billion) for a majority stake in 30 billion euros of real...
BANCO SANTANDER acquired the failing Banco Popular after European authorities intervened to prevent it from shuttering. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Banco Santander acquires Banco Popular in Spain

MADRID – Banco Santander, parent of Santander Bank, last week acquired the failing Banco Popular in Spain, according to a report by Reuters. Santander, the...
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