Santander Financial News
19.03 / 08:23
22.11 / 14:37
Provident
JPMorgan
Santander
Fishing
reports
Investigations
International
Indigenous leaders travel to UK from Peru to draw attention to oil damage and banking
Indigenous leaders from the Wampis Nation in Peru are urging lawmakers at the House of Commons in London to ban international banks’ support for Amazon oil activities they say harm their ancestral rainforests
05.12 / 02:53
Target
pandemic
Santander
Inflation has depleted pandemic-era savings for many Americans
Inflation has sapped 40% of Americans of their pandemic savings, making consumer spending even more reliant on the job market. Generous government stimulus payments and lock-downs that kept people at home led to “windfall" savings, Stephen Stanley, chief US economist at Santander US Capital Markets, said in a research note Monday. How much of it remains has been a moving target, with economists upping their estimate of pandemic-era savings last month after earlier saying it was nearly gone.
27.07 / 06:19
09.12 / 11:27
Santander
Anti-money laundering
Fine
Santander hit with £108m fine for anti-money laundering failures
The UK's Financial Conduct Authority on 9 December said that it has fined Banco Santander's British arm £107.7m ($131.4m) for anti-money-laundering failures.
04.11 / 15:41
Santander
Santander Bank Limits Cryptocurrency Exchange Transactions – Find Out Why
Santander UK, the UK unit of banking giant Banco Santander, has placed restrictions on crypto transactions for its customers, including a £1,000 limit on individual transactions with crypto exchanges and a £3,000 limit on total monthly transactions.
04.11 / 01:05
business
Blockchain
regulation
Santander
Customers
Santander UK limits crypto transactions for its customers
Multinational banking group Santander has placed a limit on all crypto transactions for its customers in the UK. The group cited cryptocurrency fraud warnings from regulators as the reason behind its decision.
05.08 / 14:13
04.08 / 12:55
cryptocurrency
Santander
services
Portuguese Banks Stop Offering Services to Crypto Exchanges, Citing ‘Risk’ as Rationale
Multiple Portuguese banks have begun closing accounts belonging to crypto exchanges due to “risk management”-related reasons – and the country’s central bank appears to have given the financial institutions its blessing.
29.07 / 12:29
cryptocurrency
Adoption
Santander
Banking Giant Santander is Set to Offer Crypto Trading to Brazilians as Crypto 'Is Here to Stay'
Banco Santander S.A., the Brazilian subsidiary of the Spanish Santander Group, plans to start offering crypto trading, possibly already this year.
19.07 / 13:01
Blockchain
Digital
Decentraland
Santander
Santander to hold awards ceremony in metaverse
Around 400 firms from 11 countries entered the challenge, which sought ideas addressing issues such as improving user privacy and security in blockchain networks, boosting DeFi and tokenisation, and enhancing and expanding digital interactions with users through concepts such as Web3 and the metaverse.Judges have already whittled the field down to 20 finalists: 10 start-ups and 10 scale-ups. This will now be cut to three winning startups, which will receive €10,000 each and three winning scaleups, which will get €30,000 each.Firms will also get access to Santander X 100, the bank's community of start-ups, which connects them to advice and training, capital, customers, talent and networking.
12.07 / 02:07
Blockchain
Digital
Decentraland
Santander
Santander to hold awards ceremony in metaverse
Around 400 firms from 11 countries entered the challenge, which sought ideas addressing issues such as improving user privacy and security in blockchain networks, boosting DeFi and tokenisation, and enhancing and expanding digital interactions with users through concepts such as Web3 and the metaverse.Judges have already whittled the field down to 20 finalists: 10 start-ups and 10 scale-ups. This will now be cut to three winning startups, which will receive €10,000 each and three winning scaleups, which will get €30,000 each.Firms will also get access to Santander X 100, the bank's community of start-ups, which connects them to advice and training, capital, customers, talent and networking.
27.06 / 16:33
Blockchain
Digital
Platform
Santander
Taurus
Caceis recruits Taurus for digital custody offering
The custodian, which serves as the asset servicing arm of Credit Agricole and Santander's banking group, has selected Swiss-based Taurus to help boost its digital assets offering.
21.06 / 16:47
UPS
Allianz
Bayer
Santander
Ray Dalio’s Bridgewater piles into Europe short bets worth more than €1.5bn
Ray Dalio's hedge fund Bridgewater is betting big on European companies' shares to fall.
17.06 / 16:07
CEO
Santander
Executive
Santander names Héctor Grisi as new chief executive
Banco Santander named Héctor Grisi, its head of Mexico and North America operations as its new chief executive, as the Spanish bank braces for a period of economic uncertainty in many of its markets.
17.06 / 15:23
Target
Strategy
Bayer
Santander
Dalio is right to short Europe, strategist says: 'The pain will go on for quite a while'
Billionaire investor Ray Dalio is right to have bet against European stocks, and global markets still have a rough road ahead, according to Beat Wittmann, partner at Zurich-based Porta Advisors.
15.06 / 16:03
UPS
Allianz
Bayer
Santander
Ray Dalio’s Bridgewater piles into Europe short bets worth more than €1.5bn
Ray Dalio's hedge fund Bridgewater is betting big on European companies' shares to fall.
26.04 / 11:39
Target
Santander
analyst
Santander beats analyst expectations with 58% net profit jump for Q1
Banco Santander’s net profit increased by more than expected in the first quarter as higher revenue offset a rise in loan-loss provisions.
10.03 / 11:37
Digital
Santander
Brazil's Central Bank Picks 9 Partners To Develop CBDC
Brazil's Central Bank Picks 9 Partners To Develop CBDC
10.03 / 03:07
Blockchain
Digital
Platform
Santander
Santander launches agriculture loans secured by crypto assets
Each token represents one tonne of grain sold and delivered by the farmer to a wholesaler.
04.03 / 20:01
Digital
VISA
Santander
Bitcoin
Brazil central bank picks digital real challenge partners
To help with this, it invited applicants for the 'Lift Challenge Real Digital', investigating various aspects of the project.The bank has now whittled down 47 proposals from eight countries to nine submissions from DeFi outfit Aave, Banco Santander Brasil, the Brazilian Federation of Banks, Giesecke + Devrient, Itaú Unibanco, Bitcoin Market, Tecban, Vert, and Visa do Brasil.
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