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
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 year, the British insurer said today. Business • 26 Mar 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 year, the British insurer said today. 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 solid core banking results in the fourth quarter. Business • 03 Feb 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 solid core banking results in the fourth quarter. 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 after it swung back to the black in the third quarter. Business • 27 Oct 20
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 after it swung back to the black in the third quarter. 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 dealing with the coronavirus crisis which it tried to offset with lower costs. Business • 29 Jul 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 dealing with the coronavirus crisis which it tried to offset with lower costs. 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 outbreak. Business • 28 Apr 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 outbreak. 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 solid underlying performance in Latin America offset sluggishness in Britain. Business • 29 Jan 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 solid underlying performance in Latin America offset sluggishness in Britain. 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 and Britain. Business • 23 Jul 19
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 and Britain. 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 source close to the matter said today. Business • 03 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 source close to the matter said today. 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 in Britain and Poland. Business • 30 Apr 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 in Britain and Poland. Business • 30 Apr 19
Credit Agricole and Santander in asset servicing deal France's Credit Agricole and Spain's Santander plan to combine their custody and asset servicing operations to create a business with around $3.8 trillion of assets under custody and close the gap on European leaders. Business • 17 Apr 19
Credit Agricole and Santander in asset servicing deal France's Credit Agricole and Spain's Santander plan to combine their custody and asset servicing operations to create a business with around $3.8 trillion of assets under custody and close the gap on European leaders. Business • 17 Apr 19
Santander to close 140 branches in the UK Santander is to close 140 branches in the UK, putting more than 1,200 jobs at risk, following a slump in the number of transactions it handles. Business • 23 Jan 19
Santander to close 140 branches in the UK Santander is to close 140 branches in the UK, putting more than 1,200 jobs at risk, following a slump in the number of transactions it handles. Business • 23 Jan 19
Spain's Santander drops Orcel as next CEO, blames pay Banco Santander has said that Italian banker Andrea Orcel would not take over as chief executive after it could not meet his pay expectations, in a rare and unusual U-turn on such a high-level appointment. Business • 16 Jan 19
Spain's Santander drops Orcel as next CEO, blames pay Banco Santander has said that Italian banker Andrea Orcel would not take over as chief executive after it could not meet his pay expectations, in a rare and unusual U-turn on such a high-level appointment. Business • 16 Jan 19
Santander's Q1 profit rises 10%, buoyed by Brazil Banco Santander, the euro zone's biggest bank by market value, posted a better-than-expected 10% rise in first-quarter net profit on strength in its largest market, Brazil. Business • 24 Apr 18
Santander's Q1 profit rises 10%, buoyed by Brazil Banco Santander, the euro zone's biggest bank by market value, posted a better-than-expected 10% rise in first-quarter net profit on strength in its largest market, Brazil. Business • 24 Apr 18
Brittany Ferries announces new Cork-Spain service Brittany Ferries has announced a new route between Ireland and northern Spain. Munster • 17 Jan 18
Brittany Ferries announces new Cork-Spain service Brittany Ferries has announced a new route between Ireland and northern Spain. Munster • 17 Jan 18
Santander takes €600m impairment charge Spain's largest bank Santander said it would take an impairment charge of €600m, mostly due to its US consumer finance group. Business • 29 Nov 17
Santander takes €600m impairment charge Spain's largest bank Santander said it would take an impairment charge of €600m, mostly due to its US consumer finance group. Business • 29 Nov 17
Popular takes shine off Brazil-driven Santander profit Banco Santander's net profit was hit by one-off restructuring costs from its acquisition of troubled Banco Popular, which offset otherwise solid underlying third quarter results from Spain's biggest lender. Business • 26 Oct 17
Popular takes shine off Brazil-driven Santander profit Banco Santander's net profit was hit by one-off restructuring costs from its acquisition of troubled Banco Popular, which offset otherwise solid underlying third quarter results from Spain's biggest lender. Business • 26 Oct 17
Santander rescues Banco Popular from collapse Spain's biggest bank Santander today said it would buy struggling rival Banco Popular for a nominal one euro after European authorities determined the lender was on the verge of insolvency. Business • 07 Jun 17
Santander rescues Banco Popular from collapse Spain's biggest bank Santander today said it would buy struggling rival Banco Popular for a nominal one euro after European authorities determined the lender was on the verge of insolvency. Business • 07 Jun 17
Santander posts 14% profit rise on Brazilian strength Strong growth in Brazil drove Banco Santander's profit up 14% in the first quarter, continuing a trend in which the Spanish bank's largest market has offset profit weakness in Britain. Business • 26 Apr 17
Santander posts 14% profit rise on Brazilian strength Strong growth in Brazil drove Banco Santander's profit up 14% in the first quarter, continuing a trend in which the Spanish bank's largest market has offset profit weakness in Britain. Business • 26 Apr 17
Banco Santander posts 4% full-year profit rise Banco Santander opened Spain's bank reporting season today with a 4% rise in its 2016 net profit, as improved results in Brazil helped offset a weak performance in Britain. Business • 25 Jan 17
Banco Santander posts 4% full-year profit rise Banco Santander opened Spain's bank reporting season today with a 4% rise in its 2016 net profit, as improved results in Brazil helped offset a weak performance in Britain. Business • 25 Jan 17
Santander beats forecasts on Brazil performance Improved results in Brazil helped Spain's Banco Santander beat profit estimates, offsetting weak performances in its domestic market and in Britain and sending its shares to a six-month high. Business • 26 Oct 16
Santander beats forecasts on Brazil performance Improved results in Brazil helped Spain's Banco Santander beat profit estimates, offsetting weak performances in its domestic market and in Britain and sending its shares to a six-month high. Business • 26 Oct 16
Apple, Ireland and the Spanish connection RTÉ's Europe Editor Tony Connelly looks at the Apple ruling and the possible impact of a similar case involving Spanish bank Santander. News • 02 Sep 16
Apple, Ireland and the Spanish connection RTÉ's Europe Editor Tony Connelly looks at the Apple ruling and the possible impact of a similar case involving Spanish bank Santander. News • 02 Sep 16
Santander, Deutsche Bank fail US stress tests US units of Deutsche Bank and Santander have suffered the ignominy of failing US stress tests yet again this year. Business • 30 Jun 16
Santander, Deutsche Bank fail US stress tests US units of Deutsche Bank and Santander have suffered the ignominy of failing US stress tests yet again this year. Business • 30 Jun 16
Santander's Q1 profit jumps by nearly a third Santander posted a 32% jump in first-quarter net profit as the euro zone's biggest bank drew on rising income from lending and fees in key markets such as Britain and Brazil. Business • 28 Apr 15
Santander's Q1 profit jumps by nearly a third Santander posted a 32% jump in first-quarter net profit as the euro zone's biggest bank drew on rising income from lending and fees in key markets such as Britain and Brazil. Business • 28 Apr 15
Santander names new boss in reshuffle Spain's Santander, the biggest bank in Europe by market value, today named Jose Antonio Alvarez as its new chief executive in a reshuffle after longtime chairman Emilio Botin died. Business • 25 Nov 14
Santander names new boss in reshuffle Spain's Santander, the biggest bank in Europe by market value, today named Jose Antonio Alvarez as its new chief executive in a reshuffle after longtime chairman Emilio Botin died. Business • 25 Nov 14
