Latest news with #BancoSantander
Business Insider
a day ago
- Business
- Business Insider
Kepler Capital Reaffirms Their Buy Rating on Banco Santander (BNC)
Kepler Capital analyst Jacques-Henri Gaulard maintained a Buy rating on Banco Santander (BNC – Research Report) on May 29 and set a price target of €8.10. The company's shares closed yesterday at p592.00. Confident Investing Starts Here: According to TipRanks, Gaulard is a 2-star analyst with an average return of 0.7% and a 43.48% success rate. Gaulard covers the Financial sector, focusing on stocks such as Banco Santander, BNP Paribas, and Societe Generale. In addition to Kepler Capital , Banco Santander also received a Buy from Morgan Stanley's Alvaro Serrano in a report issued on May 21. However, on May 29, J.P. Morgan maintained a Hold rating on Banco Santander (LSE: BNC). Based on Banco Santander's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p33.75 billion and a net profit of p3.21 billion. In comparison, last year the company earned a revenue of p13.92 billion and had a net profit of p2.67 billion Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is neutral on the stock.
Bloomberg
3 days ago
- Business
- Bloomberg
Santander Unseats Barclays as Europe's Biggest Issuer of SRTs
Banco Santander SA surpassed Barclays Plc as Europe's largest issuer of significant risk transfers, according to S&P Global Ratings. In order to come up with a volume estimate for the privately-negotiated deals, S&P used data on the senior portions that banks retain on their balance sheets and disclose in their regulatory filings. These retained tranches typically represent about 80%-95% of the reference portfolio in European SRTs.
Bloomberg
3 days ago
- Business
- Bloomberg
Santander Weighs Crypto Push With Early-Stage Stablecoin Plans
Banco Santander SA is mulling an expansion in digital assets, including early-stage plans to offer a stablecoin as well as access to cryptocurrencies for retail clients of its digital bank, as European lenders push deeper into the sector. The stablecoin plans are still at an early stage, said people with knowledge of the matter, asking not to be named discussing private deliberations. The Spanish lender's online banking unit Openbank has applied for licenses to offer retail crypto services under the European Union's new regulatory regime, one person said.
Bloomberg
5 days ago
- Business
- Bloomberg
Santander Setting Up Miami, Switzerland Offices for Super-Rich
Banco Santander SA 's new wealth consultancy services for super-rich clients are set to reach Miami, Switzerland and Brazil after launching in Spain. The lender is setting up independent multifamily offices under the Beyond Wealth brand, people familiar with the plans said. The Spanish office is already registered and has 10 employees, charging clients annual fees of at least €100,000 ($114,000) for consultancy services, they said, asking not to be named discussing internal information.
The Star
5 days ago
- Sport
- The Star
Soccer-Argentine great Juan Ramon 'La Bruja' Veron dies at 81
FILE PHOTO: Spain's Banco Santander Chairman Emilio Botin (L), Argentine soccer player Juan Sebastian Veron (C) and his father Juan Ramon Veron (R) attend a ceremony where Juan Sebastian Veron received the award as Most Valuable Player of the 2009 Copa Libertadores tournament in the headquarters of the South American Soccer Confederation (CONMEBOL) in Asuncion November 26, 2009. REUTERS/Jorge Adorno/File Photo BUENOS AIRES (Reuters) - Argentine Juan Ramon 'La Bruja' Veron, who was revered as a player at Estudiantes de La Plata where he won three Copa Libertadores titles, has died at 81, the club said on Tuesday. Veron was instrumental in Estudiantes' successes during the late 1960s, helping the team win three consecutive Copa Libertadores crowns in 1968, 1969 and 1970, a domestic league title in 1967, and the Inter-American Cup in 1969. "La Bruja" (The Witch) is remembered for his goal against Manchester United that secured the 1968 Intercontinental Cup on aggregate after the second leg at Old Trafford. "Estudiantes announces with deep sorrow the passing of Juan Ramon Veron, an undisputed icon of our history, an absolute reference point for our identity and an eternal symbol of commitment, humility and belonging," the club said on X. Veron also had spells abroad, featuring for Panathinaikos in Greece and for Junior and Cucuta in Colombia. After retiring from professional football, Veron worked with Estudiantes' youth divisions. He was also the father of current club president Juan Sebastian Veron. (Reporting by Ramiro Scandolo; Writing by Angelica Medina; Editing by Javier Leira and Ken Ferris)
