MADRID (Reuters) - Spain's Santander has agreed to sell a portfolio of distressed loans with a gross value of 1.1 billion euros ($1.21 billion) to U.S. private equity fund Cerberus and real estate ...

MADRID (Reuters) -Lending income at Spain's Santander came under pressure in the third quarter from lower euro zone interest rates though a drop in loan loss provisions and costs helped it book a ...

Banco Santander SA plans to issue a significant risk transfer tied to a portfolio of global corporate loans as the Spanish bank takes advantage of strong investor demand for the instruments.

Motorists who were mis-sold car finance deals may be eligible for compensation after Santander confirmed it would not challenge the FCA's redress scheme ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Santander more than doubled its provisions for bad loans to €3bn in the final quarter of last year and expects ...

Banco Santander (SAN) is exploring hedging a portfolio of buy now, pay later loans through the booming market for significant risk transfers, or SRTs, according to a media report on Wednesday. The ...

Richard Al-Dabbagh, head of Santander loans, said: "Santander is helping to lower the cost of borrowing by reducing our loan rates by up to 1.5 per cent. This could save customers over £400 on a loan ...