Santander's Q3 profit up 20% on higher lending income Spain's Santander said today that its net profit in the third quarter rose 20% from the same quarter in 2022 thanks to higher lending income … Business • 25 Oct
Santander Q1 net profit up on Europe, offsetting Brazil Spain's Santander has today reported a 1% rise in first-quarter net profit on higher lending income, especially in Europe, which offset a weaker performance in … Business • 25 Apr
Santander books record €9.6 billion profit for 2022 A solid rise in revenues and lending income allowed Spain's Santander to post an 18% jump in profit to a record €9.6 billion in 2022, … Business • 02 Feb
UK financial watchdog fines Santander £107m Britain's Financial Conduct Authority said it had fined Santander £107.7m for "serious and persistent" gaps in the Spanish bank's anti-money laundering controls for more than … Business • 09 Dec 22
Santander's profit tops forecast despite provisions Spain's Santander has today beaten forecasts with an 11% rise in third-quarter net profit as rising banking revenues offset higher provisions in some of its … Business • 26 Oct 22
Spain's Santander second quarter profit rises 14% Spain's Santander said its net profit in the second quarter rose 14% from the same period a year ago boosted by a higher revenues in … Business • 28 Jul 22
Santander's quarterly profit climbs on efficiency gains Spain's Santander said today that its net profit in the first quarter beat forecasts, rising 58% on the same period a year earlier thanks to … Business • 26 Apr 22
Santander reiterates profitability target despite war Spain's Santander today said it was on track to meet its 2022 profitability target due to a solid business performance mainly in its American markets … Business • 01 Apr 22
Santander appeals against Andrea Orcel payout ruling Santander has appealed against a Madrid court ruling ordering the Spanish lender to pay Italian banker Andrea Orcel €51.4m in compensation for a withdrawn offer … Business • 16 Feb 22
Santander releases €750m in provisions Spain's Santander said today that a release of €750m in pandemic-related provisions and a strong performance in the US and Britain drove an eight-fold rise … Business • 02 Feb 22
Santander UK hands out £130m in Christmas Day error Santander's UK bank was today seeking to recover £130m it paid out on Christmas Day by mistake. Business • 30 Dec 21
Santander's profit beats forecasts on solid markets Santander has today beaten forecasts with a 24% rise in third-quarter net profit on the back of lower loan loss provisions and a strong performance … Business • 27 Oct 21
Santander unit to buy out US consumer business Santander's US business is to buy the minority stake in its consumer unit it does not already hold for around $2.5 billion, a slightly higher … Business • 24 Aug 21
Santander profit beats forecasts Spain's Santander beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss provisions, strong US consumer business and … Business • 28 Jul 21
Santander boss Botin defends Orcel CEO offer in court Santander boss Ana Botin has today defended the bank's actions in a court hearing over the withdrawal of an offer more than two years ago … Business • 19 May 21
Santander Q1 profit jumps five-fold, boosted by US Spain's Santander has today posted a first-quarter net profit up almost five-fold helped by lower impairments, record US earnings and strong growth in the UK. Business • 28 Apr 21
Aviva sells Polish business to Allianz for €2.5 billion Aviva has sold its Polish operations to Germany's Allianz for €2.5 billion in cash, completing a programme to sell European and Asian assets begun last … Business • 26 Mar 21
Santander books record annual loss of €8.77 billion Spain's biggest bank Santander has today posted its first ever annual loss as the pandemic took its toll, while €1.14 billion in restructuring costs overshadowed … Business • 03 Feb 21
Santander sees better core profits for 2020 Spain's Santander has forecast an improvement of core profits for 2020, citing better customer behaviour in expired loan payments and more cost savings in Europe … Business • 27 Oct 20
Santander books record €11 billion loss on impairments Spain's Santander has today reported a record net loss of €11.1 billion in the second quarter, taking the biggest hit yet for a European bank … Business • 29 Jul 20
Santander Q1 profit slumps on virus-related provisions Spain's Santander has today posted an 82% year-on-year slump in quarterly net profit as it booked higher provisions for expected credit losses from the coronavirus … Business • 28 Apr 20
Santander boosts capital ratio, profit rises on Latam Spain's Santander said it had significantly boosted its capital ratio in 2019 and will target a further increase in 2020, lifting its shares as a … Business • 29 Jan 20
Santander profits impacted by restructuring Santander, the largest bank in the eurozone by market capitalisation, has said its profits tumbled by nearly a fifth due to restructuring costs in Spain … Business • 23 Jul 19
Santander faces €100m claim over withdrawn CEO job Andrea Orcel is making a €100m legal claim against Santander after the Spanish bank withdrew an offer for him to be its chief executive, a … Business • 03 Jul 19
Santander's Q1 net profit falls 10% Santander today reported a 10% fall in first-quarter net profit from a year earlier as a solid performance in Latin America failed to offset weakness … Business • 30 Apr 19
