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Banco Santander S.A. trading as Santander Group (UK: / ˌ s æ n t ən ˈ d ɛər,-t æ n-/ SAN-tən-DAIR, -tan-, US: / ˌ s ɑː n t ɑː n ˈ d ɛər / SAHN-tahn-DAIR, [2] [3] Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Santander, with operative offices in Madrid.
Banco Santander had previously seen a loss of over $1 billion on its investment in Sovereign, when the latter's share price tumbled after being downgraded by Moody's in September 2008. [16] On 30 January 2009, Banco Santander completed its acquisition of Sovereign Bank, for about $2.51 per share.
Pérez Companc sold his remaining 18.5% share in February 2001 to Merrill Lynch, [8] which later sold their stake to Santander. Santander Argentina is a majority-owned subsidiary of the Santander Group through its holding company, ABLASA, with 79% of its equity, and 99.3% of its outstanding shares. [1]
Banco do Estado de Pernambuco (Bandepe); acquired by Banco Real, now Santander Brasil; Banco do Estado do Piauí (BEP); acquired by Banco do Brasil; Banco do Estado do Rio de Janeiro (Banerj); acquired by Banco Itaú; Banco do Estado de Santa Catarina (BESC); acquired by Banco do Brasil; Banco do Estado de São Paulo ; acquired by Santander Brasil
Banco Santander (México) S.A. was founded on November 16, 1932, under the name Banco Mexicano. In 1955 Sociedad Mexicana de Crédito Industrial (Banco Somex) purchased a controlling interests of the bank. In 1958 Banco Mexicano merged with Banco Español. In 1979 the bank changed its name to Banco Mexicano Somex. In 1982 banks were nationalized.
Banco Santander (Brasil) S.A. is the Brazilian subsidiary of the Spanish Santander Group, headquartered in São Paulo, Brazil.It is the fifth largest banking institution in Brazil, as well as the fifth largest in Latin America, and the largest division of the group outside Europe, accounting for around 30% of its financial results globally by 2019. [3]
Ana Patricia Botín-Sanz de Sautuola O'Shea (born 4 October 1960) is a Spanish banker who has been the executive chairman of Santander Group since 2014. [1] [2]She is the fourth generation of the Botín family to hold this role.
It is a subsidiary of the Santander Group. Its main competitors are Banco de Chile , Itaú Corpbanca and BCI . It provides commercial and retail banking services to its customers, including Chilean peso and foreign currency denominated loans to finance commercial transactions, trade, foreign currency forward contracts and credit lines, and ...