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Stock Market & Financial Investment News

News Breaks
January 23, 2014
06:15 EDTSANSantander to increase U.S. business equity by about $2B, Reuters reports
To support its U.S. growth plans, Banco Santander will increase the equity of Santander Holdings USA, which includes its U.S. banking and consumer finance businesses, by up to $2B, reports Reuters. Reference Link
News For SAN From The Last 14 Days
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July 22, 2014
06:15 EDTSANBanco Bilbao wins auction to buy Catalunya Banc for EUR1.19B
The Management Commission of the Banking Restructuring Fund has accepted BBVAs bid in the competitive auction for the acquisition of Catalunya Banc S.A. As a consequence, BBVA has executed a sale and purchase agreement with FROB, by virtue of which FROB will sell up to 100% of the shares of Catalunya Banc to BBVA for the price of up to EUR1.19B. Closing of the sale and purchase transaction will be subject, among others, to the obtaining of the relevant administrative authorizations and approvals and to the effective closing of the transaction announced by Catalunya Banc to the market on July 17 whereby Catalunya Banc will transfer to an asset securitization fund a loan portfolio with a nominal value of EUR.6.4B.
July 11, 2014
11:31 EDTSANOptions with increasing implied volatility
Options with increasing implied volatility: INO AEGR UBNT INVN WTW OREX GNC CREE SD SAN

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