Santander
Santander cuts back senior investment banker bonuses by 8%
The Spanish lender has reduced average bonuses for so-called material risk takers within its investment bank to €841,893
Santander net profit rises as interest rates boost top line
The Spanish bank made a quarterly net profit of €2.85bn, compared with analysts expectations of €2.93bn
1 min read
Axing banker bonus cap ‘makes sense’ says Santander chair Ana Botín
The chair of the Spanish lender is 'sure' the bank will now adapt to the new freedoms
1 min read
Santander raises $2.5bn as AT1 bonds roar back to life
European lenders are coming back to the Additional Tier 1 bond market after the controversy around UBS and Credit Suisse
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Santander clashes with EY over firm’s consulting work
The quality of EY’s work is at the centre of the issues, according to three people familiar with the matter who spoke to the FT
2 min read
Santander ramps up European dealmaker hiring as rivals founder
Santander plans to hire around 20-30 bankers in Europe, according to people familiar with its efforts, across varying levels of seniority
3 min read
Santander offers paid fostering leave for 19,000 UK employees
City firms have been expanding their parental leave policies in a bid to retain top talent
2 min read
Santander hit with £108m fine for anti-money laundering failures
The bank has agreed to settle, which means it has qualified for a 30% discount
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Santander names Héctor Grisi as new chief executive
The bank confirmed that current CEO Jose Antonio Alvarez would leave his role as of 1 January, ending a seven-year tenure.
2 min read
Santander beats analyst expectations with 58% net profit jump for Q1
Analysts had expected the bank to report a net profit of €2.35bn, according to a consensus forecast provided by FactSet
1 min read
Andrea Orcel wins $76m payout from Santander over axed CEO posting
Court rules in favour of veteran dealmaker after Santander cancelled his CEO offer
1 min read
Starling chief Boden blasts failed open banking regime
Anne Boden: ‘People want better service; they don’t want their data’
Citigroup, Starling chiefs urge caution over the UK’s plans for Britcoin
Britcoin ‘could result in all the balances disappearing from the current accounts of the high street banks’
Banks will not challenge UK bonus cap, bosses say
Citigroup, Santander chiefs are not lobbying to lift the limit on banker bonuses
Santander to return €1.7bn to shareholders
Decision follows the lifting of European Central Bank's recommendations to limit shareholder remuneration until 30 September
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Nationwide reviews crypto policy as UK banks crack down on Binance
Rising popularity in cryptocurrencies and regulatory scrutiny on exchanges such as Binance weighs on UK lenders
3 min read
Andrea Orcel slashes claim against Santander ahead of Madrid court hearing
Claim has been cut to €76m from around €112m
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Peel Hunt and Santander team up to take on big investment bank rivals
Forms part of Santander's bid to be one of Europe's leading corporate and investment banks
2 min read
Treasury Committee warns bank execs on ‘vital’ need for small business support
The MPs wrote to senior executives at HSBC, Santander, NatWest, Barclays, Lloyds and Metro Bank
2 min read