Banco Santander Stock News

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Banco Santander glänzt mit Rekordgewinnen, steigender Kundenzahl und hoher Kapitalquote – die Aktie klettert weiter und lockt Anleger an.

Italian debt recovery firm doValue Group said on Wednesday it had signed a contract with Spain's Banco Santander to manage new flows of impaired loans starting in January, replacing an agreement that is set to end in December.

The bank said it completed the placement of 3.58 million ordinary shares, representing around 3.5% of Santander Bank Polska's share capital.

Spain's Santander plans to sell an around 3.5% stake in its Polish subsidiary Santander Polska through an accelerated bookbuild for around $480 million, one of the bookrunners said on Monday.

Former U.S. Treasury Secretary Larry Summers has resigned from Santander's international advisory board he currently chaired, a Santander spokesperson said on Wednesday.

Santander's exposure to companies owned by First Brands Group founder Patrick James has reportedly grown to $300 million. The increase was caused by James defaulting on a loan he took out to buy a French car parts group, The Wall Street Journal (WSJ) reported Wednesday (Nov. 19), citing unnamed sources.