Santander UK CEO received £4.6m pay package last year
27th Feb 2019 09:31
(Sharecast News) - Santander's UK Chief Executive took home a £4.6m pay package in 2018, according to the lender's annual report.
Read moreBanco Santander posts 18% jump in annual profits to €7.8bn
30th Jan 2019 09:55
(Sharecast News) - Banco Santander unveiled an 18% jump in its full-year 2018 attributable profits to €7.8bn thanks to a strong performance in the US, Spain, Brazil and Mexico, which easily offset weakness in the UK and Argentina, two of its most important markets.
Read moreSantander to close 140 branches and risk 1,200 layoffs
23rd Jan 2019 11:26
(Sharecast News) - Spanish bank Santander said it was cutting around 140 branches which would put 1,270 jobs at risk.
Read moreSantander fined £33m for keeping dead customers' money from relatives
19th Dec 2018 10:49
(Sharecast News) - Spanish bank Santander was fined £33m on Tuesday for failing to pass on £183m of deceased customers' funds to 40,000 of their relatives, the Financial Conduct Authority said.
Read moreSantander's Q3 profit rises 36% despite drag from UK
31st Oct 2018 10:23
(Sharecast News) - Santander met estimates for its Q3 results on Wednesday, reporting a rise in profits in most markets, especially in Spain (+ 27%) and the United States (+ 36%), but not in the where UK they fell by 10%.
Read moreSantander next bank in line in German tax evasion probe
18th Oct 2018 13:06
(Sharecast News) - Spanish bank Santander is the latest bank to come under scrutiny from German prosecutors' probe into alleged tax evasion practices which may have cost the government around €10bn.
Read moreSantander improves in UK in second quarter, Spain and capital disappoint
25th Jul 2018 09:57
(Sharecast News) - Banco Santander started off the bank results season in Spain and reported profits of €3.7bn in the first half of the year, 4% more than in the same period in 2017.
Read moreSantander reports 4% rise in annual profit despite weak British performance
25th Jan 2017 09:18
(ShareCast News) - Spain's largest bank, Banco Santander, kicked off the country's earnings season on Wednesday by reporting a 4% increase in annual profit, despite lower profit through its operations in Britain. Total net profit for 2016 was €6.2bn, boosted by an improvement in credit concession an
Read moreBank of England confirms two-layered bank stress tests for 2017
3rd Oct 2016 10:16
(ShareCast News) - The Bank of England will subject Barclays, HSBC, Lloyds, Nationwide, Royal Bank of Scotland, Santander and Standard Chartered to a two-part stress test in 2017. The BoE, which is still analysing the results of the 2016 stress tests before scheduled feedback to the banks next mo
Read moreUK banks sign up for contactless Android Pay system
13th Sep 2016 12:57
(ShareCast News) - Santander, Royal Bank of Scotland and its two subsidiaries Natwest and Ulster Bank have all weighed in behind Google's new contactless payment system, four months after the app's launch. Android Pay allows its users to register a card and make purchases much easier through their s
Read moreSantander UK reportedly mulling takeover of MBNA
5th Sep 2016 15:50
(ShareCast News) - Santander UK is reportedly considering a takeover of Bank of America's UK credit card group MBNA. Sources told Sky News that Santander UK is looking to make a formal bid for MBNA next week at the deadline for offers. Santander UK is said to be mulling the acquisition as a way of
Read moreSantander grows earnings but issues dire outlook
16th Aug 2016 11:39
(ShareCast News) - Major retail lender Santander UK set off a warning flare over Brexit on Tuesday, when in releasing its half-year figures it said the June vote to leave the European Union "marked the end" of the recent relative stability in the UK banking sector. The Spanish-owned bank's chief Nat
Read moreSantander planning cull of senior staff in Britain, report says
3rd Apr 2016 19:29
(ShareCast News) - Britain's fifth largest lender is planning to cut the number of senior staff in a bid to cut costs and bolster profit margins, according to UK newspaper reports. The lay-offs at Santander UK were expected to be made over the "coming months" and are an extension of a similar drive
Read moreSantander chairman banks on future success
29th Jan 2016 15:22
(ShareCast News) - Santander's executive chairman Ana Botin has been snapping up shares in a bid to show confidence in the bank. It comes after the Spanish bank missed analysts' expectations with only a 2.6% rise in annual profits. The company said on Wednesday that it had put aside an extra £450m
Read moreLloyds and other lenders set to announce fresh PPI provisions, report claims
25th Jan 2016 10:20
(ShareCast News) - Britain's largest lenders are preparing to set aside billions of more pounds for provisions against the payment protection insurance mis-selling scandal, according to reports over the weekend. Insiders from Barclays, HSBC, Lloyds Banking Group, Royal Bank of Scotland and Santander
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