Search results
Results from the WOW.Com Content Network
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.
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 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. [17]
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 ...
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]
Until October 2001, Banco Santander Central Hispano had a 95.76% stake in the Bolivian bank. On April 18, 2006, Grupo Santander, announced the sale of all of its shares to Banco Mercantil, which acquired Banco Santa Cruz thus creating a new company under the name of Banco Mercantil Santa Cruz S.A. The merger of the two companies resulted in the ...
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 Central Hispano was a Spanish bank. In 1999 it was merged with Banco Santander to form Banco Santander Central Hispano. [ 1 ] However the bank group was reverted to refer as Santander Group or Banco Santander in 2007.