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Stock Market & Financial Investment News

News Breaks
February 13, 2013
07:39 EDTSANU.K. investigates Banco Santander over investment advice issues, Reuters reports
The U.K. unit of Banco Santander (SAN) is under investigation by the U.K. financial regulator for possible investment advice failures and could face a fine or license changes that prevent it from offering those services in the future, industry sources say, reports Reuters.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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