DealBook (Free subscription) | 1 hour ago
Banco Santander of Spain is in advanced talks to acquire Sovereign Bancorp for virtually no premium, people briefed on the matter said, as the acquisition of weakened banks continued apace in another hectic weekend. Santander is likely to pay $3.81 a share for Sovereign, a savings and loan that has been hobbled by bad mortgages. That [...]
Law Blog - WSJ.com (Free subscription) | 1 hour ago
Banco Santander is in talks to acquire full control of Sovereign Bancorp, a large thrift-holding company hobbled by souring loans, for about $2.53 billion.
Times Online (Free subscription) | 10/11/2008
... worry investors, especially because shares in the companies have already dropped so much in value. Santander shares have shed a third of their value over the past year, while BBVA and Banco Popular have lost nearly half their value.
Reuters UK (Free subscription) | 10/10/2008
MADRID (Reuters) - Spain's Banco Santander said on Friday it had completed its 1.3 billion pound purchase of Alliance & Leicester .
Reuters UK (Free subscription) | 10/09/2008
MADRID, Oct 9 (Reuters) - Spain's largest bank Santander is "well-positioned" in the new environment that has arisen from the global financial crisis, CFO Jose Antonio Alvarez said on Thursday.
Banking Business Review (Free subscription) | 10/08/2008
Alliance & Leicester, a financial services group, and Banco Santander have announced that the High Court of Justice of England and Wales has sanctioned the scheme of arrangement by which the recommended acquisition of the former by Banco Santander is to be effected.
The F1Fanatics Blog (Free subscription) | 10/06/2008
The major Spanish banking group Santander have dismissed popular rumour that they are moving to Ferrari next season along with Fernando Alonso. According to an article in a British newspaper, Santander are looking to increase their status within the team, and also sticking with them for the next 2 years of contract. It was reported not long [...]
Finance Markets (Free subscription) | 10/06/2008
A crisis might be a time for action rather than questions but with the scale of the problems facing the UK banking sector escalating, one particular question regularly bubbles to the surface. Is Grupo Santander any more likely to emerge from the credit crisis in sound shape than some of its failing European rivals? Santander became a [...]
The Herald (Free subscription) | 2 hours ago
Analysis: Grupo Santander, Spain’s largest bank and a big player on Britain’s high streets, is confident it can survive the worst economic crisis since the Great Depression, and says it is “well-positioned” to grow further despite turmoil in global financial markets.
The Telegraph (Free subscription) | 2 hours ago
A band of AngloSaxon hedge funds have taken out large "short" positions on Santander BBVA and other Spanish banks betting the collapse of Spain's property boom will inflict heavy losses on the whole financial sector
Hyde Daily Photos (Free subscription) | 10/11/2008
The Abbey in Hyde is on the corner of Hamnett Street and next door but one to the White Lion . Originally it was the Abbey National Building Society before demutulising in 1989 to become a bank. In 2004 it was taken over by the Spanish based bank Santander . National was dropped from the name and it is now known simply as the Abbey . Last week I showed you the local branch of the Bradford and...
The Australian (Free subscription) | yesterday
PHILIP Falcone, the US hedge fund manager who made a killing by betting against the shares of HBOS, now has Britain's second-largest retail bank in his sights.In the past week his hedge fund, Harbinger Capital, has built up a E208 million ($430 million) short position in Santander, the Eurozone's largest bank and owner of Abbey National, Alliance & Leicester and Bradford & Bingley in Britain....
Ebury Publishing Blog (Free subscription) | 10/10/2008
In 1955, when I was just eight, my father took the whole family, in a pale blue Jaguar Mark VII and a Rover 90, to a hotel called the Carlos V on La Salve beach at Laredo, between Santander and Bilbao, on the north coast of Spain. I don’t remember a great deal about the [...]
SoccerLens (Free subscription) | 5 hours ago
... Puyol doesn’t play against Betis, when Alves isn’t in the group, when Messi doesn’t play against Santander, when Sam doesn’t play against Espanyol. If you’re going to talk, talk about everyone.” " Henry: I’m not going to Manchester City " was originally published at Soccerlens.com - Football News .
Manchester Evening News (Free subscription) | 5 hours ago
... Puyol doesn't play against Betis, when Alves isn't in the group, when Messi doesn't play against Santander, when Sam doesn't play against Espanyol. If you're going to talk, talk about everyone." Most recent 2 of 8 user comments NO FRENCH! Noddy, 12/10/2008 at 18:16 Yeh you was good in your prime Henry (at Arsenal). Nice try in dismissing City as if to build yourself up that you`re one of...
