Announcement • Apr 22
Banco Santander, S.A. to Report Q1, 2026 Results on Apr 29, 2026 Banco Santander, S.A. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Feb 26
Banco Santander, S.A., Annual General Meeting, Mar 26, 2026 Banco Santander, S.A., Annual General Meeting, Mar 26, 2026. Announcement • Feb 04
Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion. Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion on February 3, 2026. A cash consideration of $7.86 billion valued at $48.75 per share will be paid by Banco Santander, S.A. and 2.0548 Santander shares in the form of American Depositary Shares representing $26.25 per Webster share. The combination is also expected to deliver significant combined cost synergies of approximately $800 million. The consideration mix represents 65% cash and 35% newly issued Santander shares in the form of American Depositary Shares. The transaction is self-funded through excess capital and future capital generation, enhancing Santander’s capital flexibility and long-term value creation capacity.
Christiana Riley will remain Santander’s country head in the U.S. and Santander Holdings USA (‘SHUSA’) Chief Executive Officer (‘CEO’). Webster’s current CEO, John Ciulla, will be the CEO of Santander Bank NA (‘SBNA’) into which Webster’s businesses will be integrated. Luis Massiani, Webster’s President and Chief Operating Officer (‘COO’), will be COO of both SHUSA and SBNA with responsibility for leading the integration. Mr. Ciulla and Mr. Massiani will both continue to be based in Webster’s existing headquarters in Stamford, Connecticut, which will be a core corporate office for Santander, alongside its corporate offices in Boston, New York, Miami and Dallas. Tim Ryan will continue to chair the board of directors of SHUSA.Until the transaction closes, Santander and Webster will continue to operate as separate companies, and there will be no changes to Santander or Webster customer accounts, branch access or day-to-day service.
The transaction is expected to deliver earnings per share accretion of approximately 7-8% for Santander shareholders by 2028 and the combination is also expected to deliver significant combined cost synergies of approximately $800 million. Under the terms of the definitive agreement, which has been unanimously approved by the board of directors of Webster and the relevant bodies of Santander, Webster will become a wholly-owned subsidiary of Santander.
The transaction is subject to approval of offer by acquirer shareholders, approval by regulatory board and approval of offer by target shareholders. The expected completion of the transaction is in in the second half of 2026.
Centerview Partners LLC acted as financial advisor for Banco Santander, S.A. Goldman Sachs & Co. LLC acted as financial advisor for Banco Santander, S.A. Bank of America Europe DAC acted as financial advisor for Banco Santander, S.A. Davis Polk & Wardwell LLP acted as legal advisor for Banco Santander, S.A. Uría Menéndez Abogados, S.L.P. acted as legal advisor for Banco Santander, S.A. J.P. Morgan Securities LLC acted as financial advisor for Webster Financial Corporation. J.P. Morgan Securities LLC acted as fairness opinion provider for Webster Financial Corporation. Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Webster Financial Corporation. Piper Sandler & Co. acted as financial advisor for Webster Financial Corporation. Announcement • Jan 28
Banco Santander, S.A. to Report Fiscal Year 2025 Results on Feb 04, 2026 Banco Santander, S.A. announced that they will report fiscal year 2025 results on Feb 04, 2026 Announcement • Jan 16
Banco Santander, S.A., Annual General Meeting, Apr 29, 2026 Banco Santander, S.A., Annual General Meeting, Apr 29, 2026. Announcement • Oct 30
Banco Santander, S.A. Provides Earnings Guidance for the Full Year 2025 Banco Santander, S.A. provided earnings guidance for the full year 2025. For the period, the company is confident to meet the revenue target of EUR 62 billion. Mid-high single-digit net fee income growth in constant euros. Announcement • Oct 22
Banco Santander, S.A. to Report Q3, 2025 Results on Oct 29, 2025 Banco Santander, S.A. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 23
Banco Santander, S.A. to Report First Half, 2025 Results on Jul 30, 2025 Banco Santander, S.A. announced that they will report first half, 2025 results on Jul 30, 2025 Announcement • Jul 06
Crédit Agricole S.A. (ENXTPA:ACA) completed the acquisition of remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN). Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on December 19, 2024. Following the envisaged transaction, Crédit Agricole S.A. will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take place during 2025.
Mathieu Remy, Alexandre Merle, Frédérick Lacroix, Hélène Kouyaté, David Tayar, Miguel Barredo, Caroline Dawson, Christian Kremer, Oliver Zwick and Udo Prinz of Clifford Chance acted as legal advisor to Crédit Agricole in the acquisition. Jefferies acted as financial advisor to Santander in the transaction. Santander Global Corporate Banking acted as financial advisor to CACEIS S.A. Antonio Herrera, Isabel Aguilar, Carolina Albuerne, Francisco San Miguel, Javier García Sanz and Alfonso Gutiérrez of Uría Menéndez Abogados, S.L.P. served as legal advisor to Banco Santander, S.A.
Crédit Agricole S.A. (ENXTPA:ACA) completed the acquisition of remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on July 4, 2025. Announcement • Jul 02
Santander UK plc has reached an agreement to acquire TSB Banking Group plc from Banco de Sabadell, S.A. (BME:SAB) in a valuation of £2.65 billion. Santander UK plc has reached an agreement to acquire TSB Banking Group plc from Banco de Sabadell, S.A. (BME:SAB) in a valuation of £2.65 billion on July 1, 2025. Under the terms of agreement, the consideration is being paid in an all-cash transaction. The all-cash transaction values TSB at 5x 2026 earnings post identified cost synergies and 1.45x tangible book value as of March 31, 2025. The acquisition would strengthen Santander's position in the UK. Santander intends to integrate TSB in the Santander UK group, enabling it to become the third largest bank in the country by personal current account balances. Post completion of the acquisition, the two banks would serve nearly 28 million retail and business customers nationwide, giving TSB customers access to Santander's international network and allowing them to benefit from the group's leading technology platforms.
The transaction remains subject to regulatory approvals and Sabadell shareholder approval. The transaction is expected to close in first quarter of 2026.
The transaction is expected to generate a return on invested capital of over 20%, thereby contributing to an increase in Santander UK's return on tangible equity from 11% in 2024 to 16% in 2028, in line with leading UK peers, with cost synergies of at least £400 million or 13% of the combined business's cost base. the transaction would be accretive to earnings per share from the first year and of c.4% by 2028 and consume approximately 50 basis points of CET1 capital. Santander is expected to operate with an approximately 13% CET1 ratio at year-end 2025 on a pro forma basis for both the sale of 49% of Santander Polska and associated share buyback in early 2026 announced on 5 May 20253, and the acquisition of TSB. Morgan Stanley (España), S.A. acted as financial advisor to Banco de Sabadell, S.A. (BME:SAB). Announcement • Jun 19
Barclays Reportedly to Be Among Firms Interested in Buying TSB Banco de Sabadell, S.A. (BME:SAB)’s British unit TSB (TSB Banking Group plc) is attracting initial interest from potential buyers including Barclays PLC (LSE:BARC) and Banco Santander, S.A. (BME:SAN), according to people familiar with the matter. The banks are in the early stages of exploring separate bids for TSB, according to the people, who asked not to be named discussing private information. Sabadell confirmed this week it had received expressions of interest and would consider offers for the business it’s owned for ten years. A sale could help its defense against a hostile takeover by rival BBVA SA, by removing a valuable asset. Announcement • Jun 06
Banco Santander Announces Chief Accounting Officer Changes Banco Santander announced that it has appointed a new accounting head. The company has appointed Manuel Preto as its new chief accounting officer. Preto, currently deputy chief executive officer, chief financial officer and head of strategy for Santander Portugal, is to take over from Jose Doncel in July. Announcement • Apr 28
Erste Group Weighs Buying 49% of Santander’s Polish Unit Erste Group Bank AG (WBAG:EBS) is exploring buying a major stake in Banco Santander, S.A. (BME:SAN)’s Polish unit, seizing an opportunity to expand in one of Europe’s fastest-growing markets. Austria’s largest lender is in talks with the Spanish bank about acquiring 49% of Santander Bank Polska S.A. (WSE:SPL), Erste said in a statement April 28, 2025 that confirmed an earlier Bloomberg News report. The stake is valued at around €7.3 billion ($8 billion) based on the most recent stock price. It’s not clear if the talks will lead to an agreement, Erste said. A spokesperson for Santander didn’t respond to an earlier request for comment. Under the proposed terms, Erste would effectively gain control of the Polish lender as its largest single shareholder despite not having a majority holding, people familiar with the matter said. By buying less than 50%, Erste will avoid triggering a mandatory tender for the remaining shares in the bank. A deal between Vienna-based Erste and Spain’s biggest bank would be one of the largest banking transactions in Europe in recent years. Bloomberg reported in early April that Banco Santander was exploring a sale of its 62% stake in its Polish unit to refocus on other markets. The deal would deliver on Erste Group Chief Executive Officer Peter Bosek’s ambitions to expand into Poland, made after his return to Vienna last year from Luminor Group. Any transaction would require regulatory approval from the European Central Bank and the national banking authorities. That would likely be granted given that it is an deal within the European Union and wouldn’t create a dominant market position or any other distortions, some of the people said. Announcement • Apr 23
Banco Santander, S.A. to Report Q1, 2025 Results on Apr 30, 2025 Banco Santander, S.A. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Apr 08
Santander Reportedly to Weigh Options for $8 Billion Polish Stake in Santander Bank Polska Banco Santander, S.A. (BME:SAN) is exploring options including a potential sale of its majority stake in its Polish unit as it focuses on expansion in the Americas, according to people familiar with the matter. Spain’s biggest bank is working with an adviser to review its 62% stake in Santander Bank Polska S.A. (WSE:SPL) and has reached out to gauge interest of potential investors, the people said, asking not to be identified as the information is private. Santander’s stake in the unit is worth about $8 billion based on the most recent stock price. Deliberations are preliminary and Santander could decide to keep the asset for longer or opt for a partial sell-down of its stake, the people said. In September, the Spanish lender raised roughly PLN 2.46 billion ($627 million) in a sale of a 5.2% stake in the unit. A potential deal could also meet hurdles as the Polish unit could be too big in size for domestic banks to acquire, they added. A representative for Santander declined to comment. The review on the Polish unit comes as Santander Executive Chair Ana Botin is focusing on growth in the Americas while de-prioritizing the bank’s operations in Europe. The Spanish bank has been hiring in the US and rolling out a new digital bank in the country as well as in Mexico. Santander had said in September it’s seeking to redeploy capital to growth opportunities after the stake sale in the Polish unit. Announcement • Apr 05
Banco Santander, S.A. Approves Fixed Final Dividend, Payable on May 2, 2025 Banco Santander, S.A. at the General share holders meeting held on April, 2025 approved Fixed final dividend of EUR 11 cents gross per share entitled to receive the dividend, payable in cash as from May 2, 2025. The total amount has been estimated assuming that, as a consequence of the partial implementation of the buyback programme announced on 5 February 2025, 14,988,884,075 of the Bank's outstanding shares will be entitled to receive the dividend. Therefore, the total amount of the final dividend may be higher if fewer shares than anticipated are acquired under the buyback programme, or lower in the opposite case. Announcement • Mar 25
Banco Santander Plans to Split Its Insurance Operations Banco Santander announced plans to split its insurance operations into two: Life and Pensions, and Protection Insurance. Announcement • Mar 24
Banco Santander Announces Executive Changes Banco Santander has announced a new appointment to strengthen its insurance business. The firm has appointed Peter Huber as its new global head. He is to take over from Armando Baquero, who is leaving the firm. He has more than 20 years of experience. Huber joins from insurtech Wefox, where he was director of insurance. Announcement • Mar 05
Banco Santander, S.A. (BME:SAN) acquired 89.9% stake in Tresmares Capital Corporate S.L. Banco Santander, S.A. (BME:SAN) acquired 89.9% stake in Tresmares Capital Corporate S.L. on March 3, 2025. Santander has obtained regulatory authorization to acquire 89.9% of Tresmares Capital. As part of this plan, Tresmares will open a new office in Germany in 2025 and another in Poland in 2026. In addition, it will launch new divisions of funds of funds and fund financing this year. Tresmares Capital will remain independently managed and its current CEO, Borja Oyarzábal, will continue to lead the project, ensuring the continuity ofthe platform's approach and strategy.
Banco Santander, S.A. (BME:SAN) completed the acquisition of 89.9% stake in Tresmares Capital Corporate S.L. on March 3, 2025. Announcement • Feb 14
Santander Reportedly Explores Sale of UK Business with NatWest Banco Santander, S.A. (BME:SAN) has held talks with NatWest Group plc (LSE:NWG) over the potential sale of its UK banking business (Santander UK Group Holdings plc). Early-stage negotiations took place between the two lenders last year, according to the Financial Times, which reported that there was still interest in a potential deal. Santander said last month that the bank will remain in the UK "into the future". The Spanish lender first entered the UK market two decades ago. It serves more than 14m British customers and has more than 400 branches across the country. A spokesman for Santander said: "Santander UK is not for sale. The UK remains a core part of Santander's globally diversified business model." NatWest declined to comment. Announcement • Jan 17
Banco Santander, S.A. announced that it has received €225 million in funding Banco Santander, S.A. announced that it has raised €225 million in a round of funding on January 15, 2025. The transaction included participation from new lender an affiliate of Värde Partners, Inc. The company issued non convertible loan in the transaction. Announcement • Jan 07
Banco Santander, S.A. to Report Fiscal Year 2024 Results on Feb 05, 2025 Banco Santander, S.A. announced that they will report fiscal year 2024 results on Feb 05, 2025 Announcement • Dec 21
Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN). Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on December 19, 2024. Following the envisaged transaction, Crédit Agricole S.A. will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take place during 2025. Announcement • Oct 14
Banco Santander, S.A. (BME:SAN) acquired Clm Fleet Management Ltd. Banco Santander, S.A. (BME:SAN) acquired Clm Fleet Management Ltd on October 14, 2024.
Banco Santander, S.A. (BME:SAN) completed the acquisition of Clm Fleet Management Ltd on October 14, 2024. Announcement • Oct 01
Banco Santander, S.A. to Report Q3, 2024 Results on Oct 30, 2024 Banco Santander, S.A. announced that they will report Q3, 2024 results on Oct 30, 2024 Announcement • Jul 17
Banco Santander, S.A. to Report First Half, 2024 Results on Jul 24, 2024 Banco Santander, S.A. announced that they will report first half, 2024 results on Jul 24, 2024 Announcement • May 03
Santander Says It Is Not Considering Sale of Argentina Business Banco Santander, S.A. (BME:SAN)'s Chief Executive Officer Hector Grisi said bank is not considering potential sale of its business in Argentina. Announcement • Apr 24
Banco Santander, S.A. to Report Q1, 2024 Results on Apr 30, 2024 Banco Santander, S.A. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Mar 28
Banco Santander Appoints Swati Bhatia as Head for Retail Banking and Transformation Banco Santander has announced the appointment of a head for retail banking and transformation. The firm has announced the appointment of Swati Bhatia to the position. The move comes as the bank is aiming to transform retail banking operations in the US. The appointment is effective immediately and Bhatia is to take charge of US Consumer and Business Banking and all related digital transformation initiatives. Bhatia most recently led the Marcus business at Goldman Sachs. Announcement • Mar 23
Banco Santander, S.A. Approves Final Dividend, Payable from 2 May 2024 Banco Santander, S.A. at the General Shareholders' Meeting held on 22 March 2024, Fixed final dividend of EUR 9.50 cents gross per share entitled to receive the dividend, payable in cash as from 2 May 2024. The total amount has been estimated assuming that, as a consequence of the partial implementation of the buyback programme announced on 19 February 2024, 15,483,617,874 of the Bank's outstanding shares will be entitled to receive the dividend. Therefore, the total amount of the final dividend may be higher if fewer shares than anticipated are acquired under the buyback programme, or lower in the opposite case. Estimated amount corresponding to a final dividend of EUR 1,470,943,698.03. This figure will increase or decrease by the same amount by which the total amount of the final dividend is lower or higher, respectively, than the estimate of such final dividend. Announcement • Mar 09
Santander Appoints Mencia Bobo as Banking Global Head Santander has announced the hire of a transaction banking global head. The Spanish bank has appointed Mencia Bobo to the position. Bobo had been leading the bank's trade and working capital solutions business for some time. She has been with the firm for 18 years. Announcement • Feb 02
Banco Santander, S.A. Provides Earnings Guidance for the Year 2024 Banco Santander, S.A. provided earnings guidance for the year 2024. For the year 2024, the company expects mid-single digit revenue growth. Announcement • Dec 21
Banco Santander, S.A. to Report Fiscal Year 2023 Results on Jan 31, 2024 Banco Santander, S.A. announced that they will report fiscal year 2023 results on Jan 31, 2024 Announcement • Nov 17
Santander Bank, N.A. Introduces New Essential Checking Account Santander Bank, N.A. announced a new consumer checking offering, Santander®? Essential Checking, to make banking easier for its customers. The account empowers customers to spend what they have without the risk of over-drafting funds or being charged associated fees by eliminating overdrafts and including a $4 monthly fee that is automatically waived if any owner on the account is under 26 years of age or at least 65 years of age. Essential Checking is certified by the Cities for Financial Empowerment Fund as meeting the Bank On National Account Standards, which indicates that the account meets over 25 features for customers who are looking to improve their finances a safe, affordable and useful banking offering to access and manage their money. Essential Checking joins three other easy-to-use checking accounts in Santander's suite of offerings, and customers have the ability to choose an account that fits their personal needs and financial goals. Santander Essential Checking also includes reduced fees of $2 for paper statements and $2.50 for domestic non-Santander ATM withdrawals, as well as a 50% discount on Santander Exclusive Checks. Additionally, the Bank announced further benefits to its Simply Right®? Checking and Santander®? Savings accounts, aimed at any owner on the account who is under 26 years of age: Simply Right Checking: Waived monthly fee, a reduced cash withdrawal fee of $2 at domestic non-Santander ATMs and no incoming wires fee. Santander Savings: Waived monthly fee and $0 cash withdrawal fee at domestic non-SantAND ATMs. The new Essential Checking account and updates to Santander's checking and savings products follows changes announced in 2022 to Santander®? Safety Net, the Bank's flexible overdraft policy, which eliminated its non-sufficient funds fee, charged when a payment transaction is returned, and reduced the overdraft fee to $15 from $35, charged when items are paid. Announcement • Oct 26
Santander May Look into Potential Acquisition of Metro Mortgage Portfolio Banco Santander, S.A. (BME:SAN) may consider looking into acquiring a mortgage portfolio from Metro Bank Holdings PLC (LSE:MTRO) (Metro) if the British bank decides to put it up for sale, the Spanish bank’s Chief Executive Officer Hector Grisi said on October 25, 2023. Metro, seeking to bolster its finances after a string of setbacks, earlier this month announced a GBP 325 million capital raise and GBP 600 million debt refinancing. The bank also said it was in discussions regarding the sale of up to GBP 3 billion ($3.64 billion) of residential mortgages. “We have to review it, we have to analyse it and then we will make a decision whether we go ahead or not, but it is always important to analyse it,” Grisi said when asked at a news briefing about the bank’s potential interest in the portfolio. “Today the truth is that I don’t know whether Metro will end up doing something or not, whether it will sell a portfolio or not”. Announcement • Oct 19
Banco Santander, S.A. to Report Q3, 2023 Results on Oct 25, 2023 Banco Santander, S.A. announced that they will report Q3, 2023 results on Oct 25, 2023 Announcement • Sep 28
Banco Santander, S.A. Announces Board Changes Banco Santander, S.A. announced that it approves the appointment of Glenn Hutchins as vice chair and lead independent director effective 1 October 2023. Mr. Hutchins succeeds Bruce Carnegie-Brown, who will retire from the board at the next Annual General Meeting in 2024 after more than nine years of service. Glenn Hutchins, who joined Santander’s board of directors in 2022 as a non-executive director (independent), will replace Bruce Carnegie-Brown, who will retire from the board in 2024 after more than nine years. Mr. Hutchins will replace Mr. Carnegie-Brown as chair of the board remuneration committee effective on 1 October 2023, with Mr. Carnegie-Brown remaining as a member of that committee until the 2024 annual general meeting (AGM) to ensure an orderly transition. Mr. Carnegie. Announcement • Sep 27
Banco Santander, S.A. Approves Interim Cash Dividend, Payable on November 2, 2023 The board of directors of Banco Santander, S.A. approved the payment of an interim cash dividend against 2023 results of 8.10 euro cents per share, equivalent to c. 25 % of the Group’s underlying profit in the first half of 2023. The interim dividend will be paid from 2 November 2023; and The last day to trade shares with a right to receive the interim dividend will be 30 October 2023, the ex-dividend date will be 31 October 2023 and the record date will be 1 November 2023. Announcement • Sep 22
Banco Santander Announces Management Appointments Banco Santander has announced the appointment of a management team for a new holding company. The firm has announced that Francisco del Cura, currently global head of insurance, is to become chair of Santander Insurance Holding. The firm has also announced that Armando Baquero will become the firm's CEO. The new holding company will bring the firm's worldwide insurance companies under one roof. Santander Insurance Holding is to oversee the firm's global insurance businesses. Santander runs its insurance business through wholly-owned companies, special distribution agreements, and partnerships with other insurers. Announcement • Sep 20
Banco Santander, S.A. Appoints Andrew Ruffell as New Head of UK Rates Sales Banco Santander has announced the appointment of a new head of UK rates sales. Andrew Ruffell is the new appointment and he was previously with Goldman Sachs at its London office. He is to now operate as head of UK rates sales. Announcement • Aug 18
Banco Santander Appoints Fabrizio Giordano as Head of Strategic Equity for Europe, the Middle East and Africa Banco Santander has announced a new appointment for strategic equity. The firm has announced the hire of a former Barclays Plc banker to lead its strategic equity department. Fabrizio Giordano, who spent more than 18 years in senior roles at Barclays Plc, is set to join the Spanish bank as head of strategic equity for Europe, the Middle East and Africa. Giordano left Barclays Plc last year. In the new position, he will continue to be based in London. Announcement • Jul 13
Banco Santander, S.A. to Report Q2, 2023 Results on Jul 26, 2023 Banco Santander, S.A. announced that they will report Q2, 2023 results at 9:00 AM, Romance Standard Time on Jul 26, 2023 Announcement • Jun 14
Lightico Ltd acquired Vizolution Limited. Lightico Ltd acquired Vizolution Limited on June 12, 2023. The deal will combine Vizolution's transformational agent-assisted and self-serve solutions with Lightico's powerful Compliant Digital Completion Platform, including its workflow-integrated eSignature, document collection, and identification & verification services. Vizolution's team will join Lightico's organizational structure with Zviki Ben Ishay, Lightico's Chief Executive Officer, at the helm and Bill Safran, Vizolution's Chief Executive Officer, transitioning to Chief Strategy Officer. HSBC Ventures, Santander Consumer Finance, Natwest and Development Bank of Wales join Lightico's current backers Capital One Ventures, Crescendo, Lool Ventures, Mangrove Capital, Oxx, and Spinach Angels.
Lightico Ltd completed the acquisition of Vizolution Limited on June 12, 2023. Announcement • May 06
Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. acquired 1.1 billion euro Loan Portfolio from Banco Santander, S.A. Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. acquired 1.1 billion euro Loan Portfolio from Banco Santander, S.A. on May 5, 2023.Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. completed the acquisition of 1.1 billion euro Loan Portfolio from Banco Santander, S.A. on May 5, 2023. Announcement • Feb 03
Santander Not Interested in Potential Acquisition of Orange Bank Banco Santander, S.A. (BME:SAN) is not interested in the potential acquisition of Orange Bank, SA, the mobile banking unit of Orange S.A. (ENXTPA:ORA), Chairman Ana Botin said on February 2, 2023. Les Echos reported on February 1, 2023 that French banks BNP Paribas SA (ENXTPA:BNP), Crédit Agricole S.A. (ENXTPA:ACA) and Société Générale Société anonyme (ENXTPA:GLE) were mulling a bid for Orange Bank, SA. The newspaper added that Spanish bank Santander and U.S. private equity fund Cerberus Capital Management, L.P. were also considering a bid. "We are not interested in Orange," Botin said during the annual earnings press conference in Madrid.