Santander Group

Santander Consumer USA Provides Statement on Settlement with Attorneys General

Retrieved on: 
Tuesday, May 19, 2020
Companies, Banco Santander, Santander, Spain, Santander Group, Financial services, Banks, Santander UK, RoadLoans

Santander Consumer is fully reserved for this matter, and no additional charges will be taken in connection with the settlement.

Key Points: 
  • Santander Consumer is fully reserved for this matter, and no additional charges will be taken in connection with the settlement.
  • SC has fully cooperated with the attorneys general throughout the investigation, and the settlement has no material impact on SC's or Santander US' operations or our ability to serve customers.
  • SC operates under large financial institution standards, which include rigorous risk, compliance and controls around lending and loan servicing.
  • About Santander Consumer USA Holdings Inc.
    Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") is a full-service consumer finance company focused on vehicle finance, third-party servicing and delivering superior service to our more than 2.9 million customers across the full credit spectrum.

Santander Consumer USA Foundation Makes $1.3 Million in COVID-19-Related Charitable Grants

Retrieved on: 
Thursday, May 14, 2020
Financial services, Santander Group, Companies, Banco Santander, Santander, Spain, Economy, Santander UK, Community development financial institution, RoadLoans

DALLAS, May 14, 2020 /PRNewswire/ --To address the impact of the COVID-19 pandemic, Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC"), announced today that the Santander Consumer USA Inc. Foundation has made charitable grants totaling $1.3 million to 18 nonprofit organizations in the communities in which SC operates.

Key Points: 
  • DALLAS, May 14, 2020 /PRNewswire/ --To address the impact of the COVID-19 pandemic, Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC"), announced today that the Santander Consumer USA Inc. Foundation has made charitable grants totaling $1.3 million to 18 nonprofit organizations in the communities in which SC operates.
  • "We want to thank Santander Consumer for believing in us and for standing by our side during these uncertain times."
  • As part of this effort, Santander US is expediting $15 million in charitable giving this year across the U.S and will provide $25 million in financing to Community Development Financial Institutions (CDFIs).
  • About Santander Consumer USA Holdings Inc.
    Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") is a full-service consumer finance company focused on vehicle finance, third-party servicing and delivering superior service to our more than 2.9 million customers across the full credit spectrum.

Banco Santander Chile celebrated its first remote Annual Shareholder’s Meeting

Retrieved on: 
Thursday, April 30, 2020
Companies, Santander Group, Banks, Banco Santander, Santander México, Santander UK, Moody's Investors Service, Credit rating agency

SANTIAGO, Chile, April 30, 2020 (GLOBE NEWSWIRE) -- Santander Chile had its Annual Shareholders Meeting today, held remotely to minimize physical contact due to the COVID-19 spread.

Key Points: 
  • SANTIAGO, Chile, April 30, 2020 (GLOBE NEWSWIRE) -- Santander Chile had its Annual Shareholders Meeting today, held remotely to minimize physical contact due to the COVID-19 spread.
  • Furthermore, the payment of dividend for Ch$0.87891310 per share, equivalent to 30% of 2019 net income attributable to shareholders was also approved.
  • Banco Santander Chile is the largest bank in the Chilean market in terms of loans and assets.
  • Banco Santander Chile is one of the companies with the highest risk classifications in Latin America with an A1 rating from Moody's, A from Fitch, A from Standard and Poor's, and A+ from Japan Credit Rating Agency.

Banco Santander México Reports First Quarter 2020 Net Income of Ps.5,414 Million

Retrieved on: 
Wednesday, April 29, 2020
Santander Group, Companies, Santander México, Banco Santander, Santander UK, Banco Santander Portugal, Banco Real

ET Dial-in number: 1-844-512-2921 US & Canada; 1-412-317-6671 International & Mexico Access Code: 13701875

Key Points: 
  • ET Dial-in number: 1-844-512-2921 US & Canada; 1-412-317-6671 International & Mexico Access Code: 13701875
    ABOUT BANCO SANTANDER MXICO (NYSE: BSMX; BMV: BSMX)
    Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (Banco Santander Mxico), one of Mexico's leading banking institutions, provides a wide range of financial and related services, including retail and commercial banking, financial advisory and other related investment activities.
  • Banco Santander Mxico offers a multichannel financial services platform focused on mid- to high-income individuals and small- to medium-sized enterprises, while also providing integrated financial services to larger multinational companies in Mexico.
  • As of March 31, 2020, Banco Santander Mxico had total assets of Ps.1,802billion under Mexican Banking GAAP and more than 18.3 million customers.
  • Banco Santander Mxico cautions that this presentation may contain forward-looking statements within the meaning of the U.S.

Santander Strengthens Its International Trade Operations for SMEs With the Completion of the Investment in Ebury

Retrieved on: 
Wednesday, April 29, 2020
Small business, Banking, Professional services, Finance, Companies, Santander Group, Financial services, Economy of Europe, Banco Santander, Santander, Spain, Santander UK, Euro, Santander México

This transaction was announced in November 2019 and is part of the bank's digital strategy, providing SMEs with the necessary tools for their international expansion through global trade finance services.

Key Points: 
  • This transaction was announced in November 2019 and is part of the bank's digital strategy, providing SMEs with the necessary tools for their international expansion through global trade finance services.
  • Ebury already has operations in 17 countries and 140 currencies, and has increased its revenues by an average of 50% per year over the past three years.
  • With the support of an international group such as Santander, the company will be able to expand its business to other markets in Latin America and Asia.
  • Banco Santander made underlying profit of EUR 8,252 million in 2019, an increase of 2% compared to the previous year.

Santander Consumer USA Holdings Inc. Postpones Earnings Conference Call

Retrieved on: 
Tuesday, April 28, 2020
Companies, Banco Santander, Santander, Spain, Santander Group, Stock market, Finance, Financial markets, New York Stock Exchange, Santander UK, Security, RoadLoans

DALLAS, April 28, 2020 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) has postponed its earnings call due to a vendor outage.

Key Points: 
  • DALLAS, April 28, 2020 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) has postponed its earnings call due to a vendor outage.
  • The conference call will be rescheduled with details to follow as soon as possible.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
  • About Santander Consumer USA Holdings Inc.
    Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") is a full-service consumer finance company focused on vehicle finance, third-party servicing and delivering superior service to our more than 2.9 million customers across the full credit spectrum.

Santander Consumer USA Holdings Inc. Reports First Quarter 2020 Results

Retrieved on: 
Tuesday, April 28, 2020
Companies, Santander Group, Banco Santander, Santander, Spain, Santander UK, New York Stock Exchange, General Electric

DALLAS, April28, 2020 /PRNewswire/ --Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" or the "Company") today announced net income for the first quarter ended March 31, 2020 ("Q1 2020") of $(4) million, or $(0.01) per diluted common share.

Key Points: 
  • DALLAS, April28, 2020 /PRNewswire/ --Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" or the "Company") today announced net income for the first quarter ended March 31, 2020 ("Q1 2020") of $(4) million, or $(0.01) per diluted common share.
  • "During this unprecedented time, we at Santander Consumer implemented a series of important actions to assist our employees, customers and communities.
  • SC will host a conference call and webcast to discuss its Q1 2020 results and other general matters at9:00 a.m. Eastern TimeonTuesday, April28, 2020.
  • About Santander Consumer USA Holdings Inc.
    Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") is a full-service consumer finance company focused on vehicle finance, third-party servicing and delivering superior service to our more than 2.9 million customers across the full credit spectrum.

Banco Santander México Will Report 1Q20 Results After Market Close On April 29th, 2020

Retrieved on: 
Monday, April 13, 2020
Santander Group, Companies, Financial services, Santander México, Banco Santander, Santander UK, CLABE, Mexican Stock Exchange

MEXICO CITY, April 13, 2020 /PRNewswire/ -- Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (NYSE: BSMX; BMV: BSMX)("Santander Mxico"), one of the leading banks in Mexico, announced today that it will release its fiscal first quarter 2020 financial results after market close on Wednesday, April 29th, 2020.

Key Points: 
  • MEXICO CITY, April 13, 2020 /PRNewswire/ -- Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (NYSE: BSMX; BMV: BSMX)("Santander Mxico"), one of the leading banks in Mexico, announced today that it will release its fiscal first quarter 2020 financial results after market close on Wednesday, April 29th, 2020.
  • A presentation will also be available for download from the company's IR site after market close on April 29th, 2020.
  • The audio of the conference call will be archived on the company's website at www.santander.com.mx
    ABOUT BANCO SANTANDER MXICO, S.A., INSTITUCIN DE BANCA MLTIPLE, GRUPO FINANCIERO SANTANDER MXICO (NYSE:BSMX; BMV:BSMX)
    Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (Santander Mxico), one of Mexico's leading banking institutions, provides a wide range of financial and related services, including retail and commercial banking, financial advisory and other related investment activities.
  • As of December 31, 2019, Banco Santander Mxico had total assets of Ps.1,412 billion under Mexican Banking GAAP and more than 18.1 million customers.

Banco Santander México Provides Business Update

Retrieved on: 
Monday, April 13, 2020
Companies, Santander Group, Financial services, Santander México, Banco Santander, Santander, Spain, CLABE, Banco Santander Portugal

MEXICO CITY, April 13, 2020 /PRNewswire/ -- Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (BMV: BSMX; NYSE: BSMX) ("Banco Santander Mxico" or the "Bank"), one of Mexico's leading banking institutions, provided today an update on the initiatives the Bank is implementing in response to the COVID-19 pandemic and with respect to current Government support programs.

Key Points: 
  • MEXICO CITY, April 13, 2020 /PRNewswire/ -- Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (BMV: BSMX; NYSE: BSMX) ("Banco Santander Mxico" or the "Bank"), one of Mexico's leading banking institutions, provided today an update on the initiatives the Bank is implementing in response to the COVID-19 pandemic and with respect to current Government support programs.
  • ABOUT BANCO SANTANDER MXICO (NYSE: BSMX BMV: BSMX)
    Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (Banco Santander Mxico), one of Mexico's leading banking institutions, provides a wide range of financial and related services, including retail and commercial banking, financial advisory and other related investment activities.
  • Banco Santander Mxico offers a multichannel financial services platform focused on mid- to high-income individuals and small- to medium-sized enterprises, while also providing integrated financial services to larger multinational companies in Mexico.
  • As of December 31, 2019, Banco Santander Mxico had total assets of Ps.1,412 billion under Mexican Banking GAAP and more than 18.1 million customers.

Santander US Announces Leadership Appointments

Retrieved on: 
Thursday, April 9, 2020
Santander Group, Companies, Financial services, Banks, Banco Santander, Santander México, Santander Bank, Santander UK, Santander, Santander Brasil

Both Yoshida and Abruzzo will report to Tim Wennes, Santander US CEO and Country Head, and Santander Bank President and CEO, and will be members of the Santander US executive leadership team.

Key Points: 
  • Both Yoshida and Abruzzo will report to Tim Wennes, Santander US CEO and Country Head, and Santander Bank President and CEO, and will be members of the Santander US executive leadership team.
  • Wennes continued, "These leaders bring a wealth of knowledge and experience to Santander and will complement our dynamic leadership team.
  • Santander HoldingsUSA, Inc. (SHUSA)is a wholly-owned subsidiary ofMadrid-based Banco Santander, S.A. (NYSE:SAN) (Santander), a global banking group with more than 145 million customers in the U.S.,EuropeandLatin America.
  • These includeSantander Bank, N.A., Santander ConsumerUSAHoldings Inc. (NYSE: SC), Banco Santander International ofMiami, Banco Santander Puerto Rico, Santander Securities LLC ofBoston, Santander Investment Securities Inc. ofNew York, and several other subsidiaries.