Santander Brasil's net profit surges 75% in Q4

06:31am, Wednesday, 05'th Feb 2025
Santander Brasil a subsidiary of Spain's Banco Santander , reported on Wednesday a 75% jump in its fourth-quarter net profit, surpassing market expectations on the back of better spreads and increased
Banco Santander reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and 2026 earnings and anticipated excess capital. The
Banco Santander shares spiked over 6% on Wednesday after the lender unveiled plans for €10 billion (£8.3 billion) worth of buybacks on record full-year profit. Profit jumped 14% to €12,574 millio
The Polish unit of Santander Bank posted a 7% fall in its preliminary fourth-quarter net profit on Wednesday, hit by rising costs related to FX mortgage loans, but still beat analysts' expectations.
Spain's Santander said on Wednesday its net profit in the fourth quarter rose 11% compared to the same period in 2023 thanks to a solid performance at its retail business in Europe, mainly in Spain, a
Santander's American digital banking platform has surpassed $2 billion in deposits four months after launch. “This achievement represents a significant milestone in the Santander US business strate
BOSTON--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: OPENBANK BY SANTANDER HITS $2 BILLION IN DEPOSITS IN THE
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to marke

Millennials Could Make an Extra $6,000 in 2025

03:33am, Monday, 03'rd Feb 2025
Around 31% of Millennials currently have under $1,000 in savings. Another 21% have between $1,000-$5,000, and then 9% of Millennials have $5,001-$10,000. Does that seem bleak? Yes. Absolutely. The neu
Banking giant Santander has reportedly chosen a new U.S. CEO amid a larger reshuffle. Christiana Riley will succeed Tim Wennes as the bank's lead in the U.S., Executive Chair Ana Botin announced Frida
Christiana Riley will succeed Tim Wennes as CEO of Santander in the United States, the bank's executive chair, Ana Botin, said on Friday, as Santander undertakes a wider global restructuring.

Santander UK chair William Vereker to step down

12:13pm, Tuesday, 28'th Jan 2025
Santander UK's board chair William Vereker has indicated his intention to step down during the course of 2025, the British unit of the Spanish lender said in a statement on Tuesday.
Banco Santander Brasil has shown a steady improvement in profitability, despite Brazil's challenging macroeconomic conditions. The bank's stock trades at 1x book value, offering potential upside given
Stephen Stanley, Santander U.S. Capital Markets chief U.S. economist, and CNBC's Steve Liesman join 'The Exchange' to discuss expectations for the Federal Reserve, outlooks on the economy, and more.
BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US”) today announced new survey findings that show middle-income consumers are feeling optimistic about the economy and their own
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