New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 20, 2012
05:11 EDTAEG, SANAegon, Banco Santander form long-term strategic partnership in Spain
Aegon has entered into an exclusive 25-year strategic partnership with Banco Santander, Spain's largest financial group, to distribute both protection and general insurance products through the group's extensive network of over 4,600 bank branches, focused on a potential client base of 12M customers. Under the terms of the agreement, Aegon will acquire a 51% stake in both a life insurance company as well as in a non-life insurance company for a consideration of EUR220M. Depending on the performance of the partnership, Aegon may pay an additional amount after five years. Furthermore, Aegon Spain will provide the back-office services to the joint venture companies. The transaction is expected to close in the first half of 2013 subject to regulatory approval and will be financed from existing resources.
News For AEG;SAN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 11, 2014
15:56 EDTSANAutomaker lending arms probed by NYDFS, NY Post reports
The New York Department of Financial Services has subpoenaed the financing arms of Ford (F), Honda (HMC), Hyundai, Nissan (NSANY) and Volkswagen (VLKAY), as well as Banco Santander (SAN) and TD Bank (TD), said the New York Post, citing a source familiar with the investigation. Reference Link
13:40 EDTSANEuro zone banks accepted $160B in low interest loans, NY Times says
Subscribe for More Information
December 9, 2014
15:19 EDTSANSantander says not weighing buyback of Santander Consumer shares, Bloomberg says
Bloomberg cites an e-mailed statement from Banco Santander (SAN). Note that earlier today Bloomberg reported, citing people with knowledge of the matter, that Banco Santander was considering the acquisition of Santander Consumer USA (SC).
10:39 EDTSANSantander weighs buyout of Santander Consumer, Bloomberg reports
Subscribe for More Information
10:13 EDTSANSantander considering Santander Consumer USA buyout, Bloomberg reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use