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A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010. Simon Dawson | Bloomberg via Getty Images In one move, Santander has silenced months of speculation over it’s allegiance to the British high street – and complicated a year-long consolidation saga in Spain’s banking sector. On Tuesday, Spain’s … Read more
Banco Santander, the largest bank in Spain and among the world’s most valuable brands, is planning to expand its presence in the digital assets market, including unveiling a stablecoin. According to a Bloomberg report, Banco Santander plans to offer cryptocurrency services to its retail clients, with the stablecoin initiative that’s still in the early stages … Read more
A Santander office building in London. Luke MacGregor | Bloomberg via Getty Images Spanish lender Banco Santander has eclipsed Swiss giant UBS as continental Europe’s largest bank by market capitalization, as U.S. tariffs ripple through the region’s bruised banking sector. UBS — whose share took a deep tumble after the April 2 announcement of U.S. … Read more
Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. Santander has overtaken UBS as continental Europe’s most valuable bank after Donald Trump’s tariff-induced market rout hit the Swiss lender harder than peers. UBS’s shares have slumped nearly 15 per cent since the US president … Read more
Good morning! Marine Le Pen was barred from running for office, Columbia University has a new president (again), and we have the latest from one of the most powerful women in Europe. – At the top. Last year, Ana Botín ranked No. 15 on Fortune’s annual ranking of the world’s Most Powerful Women in Business. … Read more
The White House’s protectionist policies could hit the U.S. harder than Europe in the short term, Banco Santander‘s executive chair told CNBC on Thursday, as tariffs take a toll on domestic consumers. “Tariffs [are] a tax. It’s a tax on the consumer.” Ana Botín said in an interview with CNBC’s Karen Tso in Brussels on … Read more
Banco Santander SA has become the first bank currently in the European Union in almost a decade to be valued at more than €100 billion ($108 billion) as investors increasingly pile into the sector. The Spanish lender’s shares rose 1.8% to €6.62 on Tuesday, pushing its market capitalization to €100.3 billion. The last time a … Read more
Jonathan Nicholson | NurPhoto | Getty Images The British unit of Spanish lender Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K. The decision is part of the bank’s broader plans to update its presence from June 2025 and will bring Santander … Read more
A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010. Simon Dawson | Bloomberg via Getty Images Shares of Banco Santander jumped after Spain’s largest lender reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and … Read more
The Spanish lender is reportedly exploring a range of options, including keeping the business, and no deal is imminent. Read More
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