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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 ...
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 ...
Santander agrees to pay compensation on mis-sold car loans - Payouts are due on about 12.1 million mis-sold deals from various lenders at an average of £829 each, the Financial Conduct Authority said.
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 ...
SAN FRANCISCO (Reuters) - A partnership between Uber Technologies and Banco Santander SA's (SAN.MC) U.S. auto loan unit is over, Uber told Reuters, removing one of the country's most prominent car ...