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Stock Market & Financial Investment News

News Breaks
February 14, 2013
06:08 EDTSANSantander to face fine after FSA discovers mistakes, The Independent says
The Financial Services Authority found that one in four bank financial advisers provided poor advice when approached by mystery shoppers, reports The Independent. As a result, Santander (SAN) could face a heavy fine or shut down its advice business after it was among the banks referred to by the FSA. Reference Link
News For SAN From The Last 14 Days
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November 25, 2014
06:12 EDTSANBanco Santander names Jose Antonio Alvarez as CEO
The Board of Banco Santander announced the appointment of José Antonio Álvarez as CEO replacing Javier Marín. It also announced the appointments of: Bruce Carnegie-Brown, as first Vice Chairman and lead independent director of the Board; Sol Daurella and Carlos Fernández as independent Board directors; Rodrigo Echenique, a current non executive Board Member, as Vice Chairman. The three new independent directors will fill the vacancies left by the death of Emilio Botín and the resignation of Fernando de Asúa and Abel Matutes. José Antonio Álvarez, prior to his appointment as CEO, served 10 years as CFO at Banco Santander. These appointments will take effect from January 1, 2015 and are subject to regulatory approvals.
November 18, 2014
06:34 EDTSANDraghi sees positive signs in euro zone, NY Times reports
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