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Stock Market & Financial Investment News

News Breaks
April 1, 2014
06:54 EDTSANSantander deems U.S. unit capital levels sufficient, Reuters says
Banco Santander CEO Javier Marin said that the company's U.S. unit does not need additional capital after stress tests done by the Federal Reserve, according to Reuters, citing Marin. Marin said that its U.S. arm Sovereign would have to adjust and improve some parts of its capital plan to resubmit to the Federal Reserve, but the changes would be qualitative instead of quantitative. Reference Link
News For SAN From The Last 14 Days
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November 26, 2014
06:53 EDTSANSantander looks to sell part of Nevada solar project, WSJ reports
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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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