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Stock Market & Financial Investment News

News Breaks
January 20, 2013
14:34 EDTSANSantander considers GBP2B bid for Clydesdale, Sunday Times reports
In a move to accelerate its U.K. expansion, Santander (SAN) is considering a GBP2B purchase of the Clydesdale and Yorkshire banks, which have a strong position in small business banking and corporate lending, says the Sunday Times. Reference Link
News For SAN From The Last 14 Days
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May 14, 2015
06:57 EDTSANSources: HSBC could pick preferred bidder for Brazil unti by June, Reuters says
HSBC (HSBC) is set to receive binding offers for its Brazilian unit as early as June, at which time it may select a preferred bidder for the struggling unit, Reuters reports, citing three sources. Bids for the unit may not surpass book value, which is estimated at about $3.34B right now, the sources say, adding that Banco Bradesco (BBD), Banco Santander Brasil (SAN) and Grupo BTG Pactual had access to the unit's preliminary documents. Reference Link

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