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Stock Market & Financial Investment News

News Breaks
January 31, 2013
06:34 EDTSANSantander looks to float U.S. consumer finance unit in Q2 or Q3, Reuters says
Santander (SAN) CEO Alfredo Saenz says the bank is looking to float its U.S. consumer finance business in Q2 or Q3, but has not yet set a specific timetable for the planned listing, Reuters reports. Saenz also commented to analysts that the bank has ruled out a capital hike. Reference Link
News For SAN From The Last 14 Days
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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
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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
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10:13 EDTSANSantander considering Santander Consumer USA buyout, Bloomberg reports
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