City Santander Financial News

06.03 / 17:41

markets Mobile Experts social reports Updates Santander Banking App Down: Users hit by outage, hundreds of customers unable to make payment

Santander banking services have been down in a major outage, leaving customers unable to get onto banking services, make payment transfers while facing other issues. This follows a series of outages across major high street banks, which have caused the apps of several leading banks to be briefly offline. Over 600 customers have reported issues with the bank on outage-tracking site Downdetector. The issue first arose around 12.30 pm today, with hundreds of users reporting problems across the bank’s services, and more than half of those reports flagging issues with payments, according to service status website Downdetector.

15.03 / 05:27

markets UPS security Trade AGRO strain Updates Export shipment delays cloud payment flows for India’s cross-border fintechs

Cross-border payments are a relatively new but fast-growing fintech segment in India, with the Reserve Bank of India’s (RBI) payment aggregator–cross border (PA-CB) framework drawing in a new crop of startups alongside larger payments firms looking to build export and import payment rails. Firms such as Skydo and BriskPe have secured RBI approvals in recent months, while Razorpay and Cashfree are also expanding in the category, reflecting the size of the opportunity in a market tied closely to India’s trade flows.India’s trade exposure makes the segment worth watching closely.

25.03 / 21:07

CEO Latin Scotiabank taps HSBC’s Elek to take over as Mexico unit CEO

Bank of Nova Scotia named Pablo Elek to take over at its Mexican unit as the Canadian bank reworks its operations to focus on North America.

29.01 / 22:15

UPS Citi Target Man Dreams The most interesting hedge fund job you haven’t heard of

When you imagine your dream job in banking, you might imagine it on Wall Street, or in the City of London. It might actually be in Washington DC – or in Westminster.

18.12 / 17:31

markets UPS wellness Experts country International The barriers and benefits as Banco Santander looks to branch out in Canada

It’s not every day, or even every decade, that a big foreign bank decides to have a go at Canada’s retail banking market.

18.12 / 13:55

UPS FIVE Gap wellness Inside Some Santander insiders say Credit Suisse colleagues spoiled their culture

Ex-Credit Suisse people have turned up in a lot of places since their house burned down, but Santander has rescued more than most. By our reckoning, the Spanish bank added over Credit Suisse bankers last year. Most, but not are all, were ex-Credit Suisse managing directors in the US. Many were CS veterans, who spent tens of years at the firm. They included David Miller, the former head of Credit Suisse's investment bank, who joined in the US last November.

07.12 / 06:15

Digital Man Arma social reports Videos Alleged hitwoman, known as ‘The Doll,’ arrested in Colombia

Police in Colombia have arrested a glamourous alleged assassin, known by her nickname “La Muneca,” or “The Doll,” in connection with a string of gang killings, including the recent murder of her ex-boyfriend.

04.12 / 15:31

markets UPS Provident Booking Strategy Laurentian Bank seeks partner to fund $1 billion of Northpoint assets

Laurentian Bank of Canada is in talks with asset managers including private credit firms to fund around US$1 billion of assets for its equipment finance provider, Northpoint Commercial Finance, according to people with knowledge of the matter.

06.11 / 15:03

UPS Strategy film trends Courts Morning Coffee: Three banks announced major job cuts yesterday. The zombies and monsters trying to put bankers in jail

Environmentalists have a saying that “climate change will manifest as a series of disasters viewed through phones with footage that gets closer and closer to where you live until you're the one filming it”. Similarly, it’s possible to worry that the effect of AI on employment is going to manifest itself as a series of seemingly unrelated stories about mass redundancies that gets closer and closer, until you’re the one being fired.

06.10 / 02:05

COST UPS Waves Career Commerzbank stars Can Andrea Orcel, Europe’s star banker, create a super-bank?

Subscribe to enjoy similar stories. The career of Andrea Orcel vividly encapsulates the recent history of European banking. At Merrill Lynch, now part of Bank of America, Mr Orcel advised on deals that formed part of the wave of mergers that crested in 2007, when a pan-European troika bought ABN AMRO, a Dutch lender.

15.09 / 18:49

markets UPS CEO Commerzbank rights Relationships The suave Italian banker who wants to be the Jamie Dimon of Europe

Subscribe to enjoy similar stories. Andrea Orcel made his name helping banks choose the moment to pounce on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit made his own move on Germany’s Commerzbank.

06.09 / 04:54

markets Digital security Pool stage testing Brazil’s Central Bank Selects Visa, Santander for CBDC Pilot Phase 2

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

03.09 / 20:54

Provident Target Entertainment rock information Sporting Josh Harris' 26North to buy ArchKey in first private equity deal

Apollo Global Management Inc. co-founder Josh Harris’ alternative asset manager 26North Partners LP has struck its first private equity deal.

13.08 / 16:09

UPS FIVE Strategy performer country CPPIB looking to sell Spanish distressed debt portfolio

Canada Pension Plan Investment Board has put a portfolio of distressed Spanish loans up for sale, as the fund works to reduce its exposure to the country built up during the financial crisis last decade.

05.08 / 11:35

COST UPS Research Schools What happened to those good intentions to put tax refunds in savings accounts?

Americans are finding it harder save in the current economic climate with back-to-school costs adding to the challenge.

01.06 / 07:07

COST UPS Target President show track reports An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year

A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year

15.04 / 23:33

Citi Digital UK moves to experimentation phase of Regulated Liability Network

The UK RLN is envisaged as a common ‘platform for innovation’ across multiple forms of money, including existing commercial bank deposits and a shared ledger for tokenised commercial bank deposits. Barclays, Citi, HSBC, Lloyds, Mastercard, NatWest, Nationwide, Santander, Standard Chartered, Virgin Money and Visa are all taking part in the latest phase of the project, which will focus on several use cases: use cases:

20.03 / 12:53

markets Target economy Boeing show Headlines Bank of England set to hold rates, but falling inflation brings cuts into view

LONDON — The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when the first cut will come.

14.03 / 08:57

UPS CEO awards reports Deutsche Bank CEO's 2023 pay dips to 8.7 million euros

FRANKFURT (Reuters) — Deutsche Bank CEO Christian Sewing earned 8.7 million euros ($9.52 million) in 2023, down slightly from 8.9 million euros in 2022 after a fall in profit, the bank said in its annual report on Thursday.

11.03 / 15:47

markets UPS Career wellness show ex-Credit Suisse DCM chief shows up at Spanish bank that isn't Santander

Credit Suisse bankers have been showing up everywhere you could image, from ING to SMBC to Deutsche Bank. Now there’s a new place that’s hiring Credit Suisse people – BBVA.

29.02 / 07:43

markets UPS FIVE Reuters show performer British home prices to flatline this year, rise 3% in 2025: Reuters poll

By Jonathan Cable

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