Spain's Santander on Wednesday said its underlying net profit rose 19% year-on-year in the third quarter driven by solid performances in Britain and the US following recent acquisitions in these
Santander won its appeal on Tuesday against a London court ruling that had ordered it to pay about £677 million ($912 million) to French insurer AXA for costs arising from the mis-selling of payment protection insurance in the U.S.
BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“SHUSA”) today announced that, on October 15, 2026, it will redeem all of the 135,000 outstanding shares of its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I (“Series I Preferred Stock”), and the corresponding 5,400,000 depositary shares, NYSE: SNUS PF I, CUSIP 80282 K809 (“Depositary Shares”), each representing a 1/40...
BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US”), the intermediate holding company for Banco Santander, S.A. (“Santander”) in the United States, today announced that, through a series of transactions, it has completed the acquisition of Webster Financial Corporation (“Webster”), the holding company for Webster Bank, N.A. (“Webster Bank”). Building on Santander's decades-lo...
UBS reiterated its 'overweight' stance on European banks after a strong second-quarter earnings season prompted fresh upgrades to profit forecasts across the sector. The 40 major lenders UBS tracks reported pre-tax profit around 6% above consensus, helped by better net interest income, stronger fee income and stable costs.
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