Trends - Santander - Business Recorder

Santander

Santander lifts outlook after record first half profit

MADRID: Spanish banking giant Santander lifted its outlook for 2024 on Wednesday after posting a record first-half...

Published 25 Jul, 2024 07:08am

Markets

Spain’s Santander Q1 net profit rises 1% vs same period a year ago

MADRID: Spain’s Santander on Tuesday said its net profit in the first quarter rose 1% compared to the same period of...

Published 25 Apr, 2023 10:31am

Business & Finance

Santander bank posts record profit as rates rise

MADRID: Spanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest...

Published 02 Feb, 2023 05:31pm

Markets

Santander to block UK transfers to crypto exchanges in 2023

LONDON: Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as...

Published 04 Nov, 2022 08:41pm

Business & Finance

Santander profits soar to pre-pandemic levels

MADRID: Spanish banking giant Santander bounced back from the pandemic as it returned to profit last year, beating...

Published 02 Feb, 2022 05:59pm

Business & Finance

Santander to pay Italy top banker $76m for job U-turn

MADRID: Spanish bank Santander was on Friday ordered to pay almost 68 million euros ($76 million) to Italy’s ...

Published 13 Dec, 2021 06:45am

Markets

Santander's Q3 net profit rises 24% y/y on US and UK markets

MADRID: Spain's Santander on Wednesday said its net profit in the third quarter rose 24% against the same period of...

Published 27 Oct, 2021 10:49am

Business & Finance

Santander US holding to buy 20pc of US consumer unit for $2.5bn

MADRID: Santander's US business is to buy the minority stake in its U.S. consumer unit it does not already own for...

Published 25 Aug, 2021 04:43am

Business & Finance

Santander to pump up payments business in bid to boost valuation

Expects payments unit revenue to hit 1 bln euros.
Chairman Botin says may list PagoNxt, no plans now.
Looking at small acquisitions.

Published 20 May, 2021 09:25pm

Business & Finance

Santander says technical difficulties affecting UK customers

The bank has 14 million customers in Britain and said in a statement on Twitter it was working hard to fix the problem.
"You can access cash from other bank's ATMs and at the Post Office."

Published 15 May, 2021 07:08pm

Business & Finance

Santander's asset management arm to launch trade finance fund

The fund - aimed at institutional and accredited investors - will primarily buy assets created by the banking group's trade finance business in transactions with its large corporate clients, the sources said.
The recent collapse of British supply chain finance company Greensill, however, has raised investor concerns on some of the risks involved and in some cases, the sector's lack of transparency.

Published 08 Apr, 2021 08:10pm

Business & Finance

Brazil health crisis forces Santander into office retreat

Santander Brasil's retreat is the latest sign of tension between a corporate eagerness to re-open offices and the growing risk of contagion as Brazil's COVID-19 crisis worsens.
"There are no hospital beds left, so banks are sending workers back home," Ivone Silva, head of the bank workers' union in the Sao Paulo region said.

Published 26 Mar, 2021 08:01pm

Business & Finance

Aviva pushes back bid deadline for Polish unit over Santander contract

Germany's Allianz is also in the race after missing out on Aviva's French business, which was snapped up by mutual insurer Aema Groupe for 3.2 billion euros on Tuesday, the sources said.
Aviva, which initially requested binding offers by Feb. 26, needs more time to renegotiate a bancassurance partnership in Poland with Santander, the sources said.

Published 24 Feb, 2021 09:25pm

Business & Finance

Virus pushes Santander into massive annual loss

Santander reached an agreement with unions in December to cut almost 3,600 jobs and close over 1,000 branches in its home market Spain.

Published 03 Feb, 2021 05:40pm

Markets

Bank of England set to wait for end to Brexit stand-off

The BoE's bond-buying programme is widely seen as its most likely weapon should it need to return to the stimulus pumps.

Published 17 Dec, 2020 10:55am

Business & Finance

Santander plans to cut 4,000 jobs and up to 1,000 branches in Spain

The sources said another 1,000 staff would move on to different jobs within its Spanish branches.
Banks across Europe are struggling to cope with record low interest rates.

Published 13 Nov, 2020 07:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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