Search Results for: Santander
Spanish banking group Santander to build digital bank in the UK
May 16th, 2018
Spanish banking group Santander said it is building a standalone digital bank in the UK in a move aimed at boosting its online presence. This comes amid intense competition in the market with the rise of digital investment advice ...
Santander acquires Banco Popular becoming the leading bank in Spain
June 7th, 2017
Banco Santander today announces that it has acquired Banco Popular. The acquisition takes place following an auction conducted by the Single Resolution Board and FROB in which Santander was selected as the successful bidder, paying a notional consideration of ...
Another R3 Exit: Spanish Bank Santander Quits Blockchain Consortium
November 23rd, 2016
The Spanish banking giant’s decision to let its R3 membership lapse is the second high-profile exit from the working group and comes in the months after it roped in Blythe Masters for a blockchain advisory role at the bank. Masters is the chief ...
Santander Becomes First Uk Bank To Launch Voice Banking Technology
March 22nd, 2016
PHASE ONE WILL ENABLE CUSTOMERS TO TALK TO THEIR SANTANDER SMARTBANK APP AND ASK ABOUT THEIR CARD SPENDING Secure, simple to use, helps people easily keep track of their cash Eliminates the need to manually search through statements to ...
Royal Bank of Scotland announces Updates to the Market and Banco Santander publishes 2015 Results
January 27th, 2016
The Royal Bank of Scotland Group plc (“RBS” or “the Group”) today announces a series of updates to the market: 1. Developments during 2015, in particular publication by the International Accounting Standards Board of its exposure draft of amendments ...
FINRA Sanctions Santander Securities LLC $6.4 Million
October 14th, 2015
The Financial Industry Regulatory Authority (FINRA) announced today that it ordered Santander Securities LLC to pay approximately $4.3 million in restitution to certain customers who were solicited to purchase Puerto Rican Municipal Bonds (PRMBs). Additionally, the firm will pay ...
Santander just launched a £20 million fintech fund to stop startups from eating it
July 3rd, 2015
Spanish banking giant Santander is teaming up with mobile payment company Monitise on a joint venture to invest in and build new fintech startups. Monitise, who announced the new company in a statement today, says the as-yet-unnamed joint venture will be “investing in, ...
Santander UK fined for widespread investment advice failings
March 26th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has fined Santander UK Plc the amount of £12,377,800 after the regulator uncovered serious failings in the way it offered financial advice from its bank. In particular, there was a ...
The global debt problem
April 15th, 2021
It has been recently estimated that global debts stand at $284 trillion equivalent, representing 355% of global GDP. Estimates such as these must be treated with caution, and they probably underestimate financial sector debt. Furthermore, no allowance in ...
European stocks pulled back Tuesday
October 27th, 2020
European stocks pulled back Tuesday morning amid a choppy start to trading, as investors continued to monitor the rapid spread of coronavirus across the continent and digested a fresh round of major corporate earnings. The pan-European Stoxx 600 slipped ...
