International Business News - Santander http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Santander BanCorp, a Puerto Rican bank, said late Thursday senior executive Carlos Garcia is leaving the company in January. Garcia currently serves as senior executive vice president and chief operating officer of Santander BanCorp as well as president of Banco Santander Puerto Rico, one of the company's subsidiaries. http://www.ibtimes.com/articles/20081114/santander-bancorp-coo-leaving-the-company.htm Fri, 14 Nov 2008 08:29:33 EST Spain's Banco Santander announced Monday it would raise 7.2 billion euros ($9.2 billion) in a share issue designed to protect it from the international financial turmoil. http://www.ibtimes.com/articles/20081110/spains-banco-santander-unveils-capital-increase.htm Mon, 10 Nov 2008 07:07:12 EST Banco Santander reported Tuesday a 4.4 percent increase in third-quarter net profit on the back of steep cost cuts even as revenue growth was hurt by the financial crisis. http://www.ibtimes.com/articles/20081028/banco-santander-3q-profits-up-4-4-pct.htm Tue, 28 Oct 2008 14:13:26 EDT Spain's Banco Santander SA is taking its New World expansion northward. Already with a major presence in Latin America, the Madrid-based bank on Monday said it is buying the three-quarters stake in Philadelphia-based thrift Sovereign Bancorp Inc. that it doesn't already own for $1.9 billion. http://www.ibtimes.com/data/articleimgs/151715-sovereign-banco-santander.jpg http://www.ibtimes.com/articles/20081014/spains-banco-santander-buying-rest-of-sovereign.htm http://www.ibtimes.com/articles/20081014/spains-banco-santander-buying-rest-of-sovereign.htm Tue, 14 Oct 2008 00:38:24 EDT Banco Santander of Spain said Monday it would buy the other three-quarters stake in Sovereign Bancorp that it doesn't already own for $1.9 billion, extending a wave of consolidation as the banking industry struggles to deal with a load of soured mortgage-related debt. http://www.ibtimes.com/articles/20081013/sovereign-confirms-deal-talks-with-banco-santander.htm Mon, 13 Oct 2008 20:17:20 EDT Spanish bank Banco Santander SA is in "advanced talks" to acquire Philadelphia-based thrift Sovereign Bancorp Inc., The Wall Street Journal reported on Sunday. http://www.ibtimes.com/articles/20081013/report-banco-santander-in-sovereign-bancorp-talks.htm Mon, 13 Oct 2008 06:55:45 EDT Spanish bank Banco Santander SA is in "advanced talks" to acquire Philadelphia-based thrift Sovereign Bancorp Inc., The Wall Street Journal reported on Sunday. http://www.ibtimes.com/articles/20081012/report-banco-santander-in-sovereign-bancorp-talks.htm Sun, 12 Oct 2008 19:48:05 EDT Bank of Ireland PLC denied Irish media reports Friday that it was in takeover discussions with Spanish giant Banco Santander SA or any other potential suitors. http://www.ibtimes.com/articles/20080919/bank-of-ireland-denies-santander-takeover-talks.htm Fri, 19 Sep 2008 13:47:35 EDT Santander BanCorp said Friday that President and Chief Executive Jose Ramon Gonzalez has resigned, but will continue to serve on the board of directors and as an adviser to the Puerto Rican bank. http://www.ibtimes.com/articles/20080829/santander-bancorp-president-and-ceo-resigns.htm Fri, 29 Aug 2008 10:17:39 EDT Santander BanCorp said Friday it is suspending its quarterly cash dividend in an effort to strengthen its capital position. The holding company of Banco Santander Puerto Rico said it may use a portion of the dividend funds to pay down debt. http://www.ibtimes.com/articles/20080829/santander-bancorp-discontinues-quarterly-dividend.htm Fri, 29 Aug 2008 10:02:12 EDT Banco Santander bank said Friday it was in talks with Venezuela over the future of its subsidiary, Banco de Venezuela, which President Hugo Chavez says he intends to nationalize. http://www.ibtimes.com/articles/20080801/banco-santander-in-talks-with-venezuela-over-bank.htm Fri, 01 Aug 2008 14:52:06 EDT Among the earnings stories for Tuesday, July 29, from AP Financial News: MADRID, Spain (AP)--Spain's Banco Santander says profit for the second quarter fell 5.3 percent on the year. http://www.ibtimes.com/articles/20080729/earnings-roundup-banco-santander-nomura.htm Tue, 29 Jul 2008 10:54:39 EDT Spain's Banco Santander said Tuesday net profit for the second quarter fell 5.3 percent on the year. Spain's largest bank by market value said it earned 2.52 billion euros ($3.97 billion), down from the 2.66 billion euros for the same period in 2007. The 2007 figure was boosted by 566 million euros from the sale of a stake in Italy's Intesa Sanpaolo. http://www.ibtimes.com/articles/20080729/santander-says-2nd-quarter-profit-down.htm Tue, 29 Jul 2008 12:58:23 EDT Spain's Banco Santander says profit for the second quarter fell 5.3 percent on the year. Spain's largest bank by market value says it earned 2.52 billion euros ($3.97 billion), down from 2.66 billion euros for the same period in 2007. The 2007 figure was boosted by 566 million euros from the sale of a stake in Italy's Intesa Sanpaolo. http://www.ibtimes.com/articles/20080729/banco-santander-2nd-quarter-profit-falls.htm Tue, 29 Jul 2008 06:56:08 EDT Spanish banking giant Banco Santander said Monday it has agreed to buy the British mortgage lender Alliance & Leicester PLC in a deal valued at $2.5 billion. http://www.ibtimes.com/articles/20080714/santander-confirms-a-l-takeover-deal.htm Mon, 14 Jul 2008 12:21:29 EDT General Electric Co. said Monday it completed a definitive agreement to exchange European banking assets with Banco Santander SA. As part of the deal, GE's commercial finance unit will take over control of Interbanca, an Italian commercial bank Santander acquired as part of a consortium that recently purchased ABN Amro. http://www.ibtimes.com/articles/20080602/ge-banco-santander-reach-european-asset-deal.htm Mon, 02 Jun 2008 07:20:16 EDT Sovereign Bancorp Inc., the nation's third-largest savings and loan, said Monday that its two biggest shareholders are planning to boost their investment in the company as it seeks to raise $1.5 billion to hedge against an economic slowdown. http://www.ibtimes.com/articles/20080512/sovereign-shareholders-to-boost-investment.htm Mon, 12 May 2008 16:48:52 EDT Banco Santander says its first-quarter net profit rose 22 percent thanks to its purchase of part of ABN Amro and strong lending activity in Latin America and Spain. http://www.ibtimes.com/articles/20080429/banco-santander-reports-1q-profits-up.htm Tue, 29 Apr 2008 04:32:50 EDT