Banco Santander SA
Watch live: Trump addresses Davos, global markets respond
(The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a video above at that time.) WASHINGTON — President Donald Trump addressed the World Economic Forum in Davos, Switzerland, virtually on Thursday, his first major appearance at an international event since he returned to the White House […]
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Santander considers UK exit amid frustrations with high street banking, FT reports
A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010. Simon Dawson | Bloomberg via Getty Images Banco Santander is reconsidering its presence in Britain two decades after its acquisition of Abbey National made it a major player on UK high streets, the Financial Times newspaper reported on […]
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Stocks making the biggest moves premarket: Robinhoood, Bath & Body Works, MicroStrategy, Macy’s and more
Check out the companies making headlines in premarket trading. Bath & Body Works — Shares popped 16% after third-quarter earnings edged out Wall Street forecasts. The retailer earned 49 cents per share, excluding items, on revenue of $1.61 billion, while analysts polled by LSEG had anticipated earnings of 47 cents a share and revenue of […]
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European markets set for lackluster open as traders continue to focus on earnings
Novartis sales rise 10% in third quarter, raises guidance Signage for Novartis AG at a building in the company’s headquarters campus in Basel, Switzerland, on Monday, Jan. 8, 2023. Bloomberg | Bloomberg | Getty Images Novartis reported 10% sales growth and 20% core operating income growth in its third-quarter results Tuesday, prompting the Swiss pharmaceutical […]
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Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
Traffic_analyzer | Digitalvision Vectors | Getty Images Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience. By the start of next year, financial services firms and their technology suppliers will have to make sure […]
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UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners
A row of traditional houses on a street in London’s Muswell Hill suburb, located to the north of London, with views of the Canary Wharf on the horizon. Georgeclerk | Istock | Getty Images LONDON — Britain’s major high street lenders have begun slashing their mortgage rates in a sign that financial pressure on households […]
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European stocks head for mixed open as selloff eases; U.S. inflation data due
Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Spencer Platt | Getty Images LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. […]
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Spain’s Santander posts 20% hike in net profit as retail business shines
Bank of Santander Headquarters Getty Images Banco Santander posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity, after firm revenues and margin management in Europe and Brazil. The company’s net profit attributable to the parent group came in at 3.207 billion euros ($3.48 million), in […]
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The ‘supercore’ inflation measure demonstrates Fed may possibly have a actual dilemma on its arms
US Federal Reserve Chair Jerome Powell attends a “Fed Listens” party in Washington, DC, on Oct 4, 2019. Eric Baradat | AFP | Getty Photos A hotter-than-predicted purchaser price index looking at rattled marketplaces Wednesday, but markets are buzzing about an even extra precise price ranges gauge contained inside of the info — the so-called […]
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This Spanish bank has ripped far more than 30% increased this year. BofA sees even additional gains forward
Banco Santander ‘s stock is in unusual form this year. The Spanish lender’s U.S.-outlined shares are up 32% in 2023, on pace for their largest once-a-year acquire since 2009 — when they rallied 73%. Santander’s calendar year-to-day pop is effortlessly outperforming main U.S. banking institutions. JPMorgan Chase and Wells Fargo are up 14% and 5%, […]
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