Trends - Santander - Business Recorder

Santander

Santander lifts outlook after record first half profit

MADRID: Spanish banking giant Santander lifted its outlook for 2024 on Wednesday after posting a record first-half...

Published 25 Jul, 2024 07:08am

Markets

Spain’s Santander Q1 net profit rises 1% vs same period a year ago

MADRID: Spain’s Santander on Tuesday said its net profit in the first quarter rose 1% compared to the same period of...

Published 25 Apr, 2023 10:31am

Business & Finance

Santander bank posts record profit as rates rise

MADRID: Spanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest...

Published 02 Feb, 2023 05:31pm

Markets

Santander to block UK transfers to crypto exchanges in 2023

LONDON: Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as...

Published 04 Nov, 2022 08:41pm

Business & Finance

Santander profits soar to pre-pandemic levels

MADRID: Spanish banking giant Santander bounced back from the pandemic as it returned to profit last year, beating...

Published 02 Feb, 2022 05:59pm

Business & Finance

Santander to pay Italy top banker $76m for job U-turn

MADRID: Spanish bank Santander was on Friday ordered to pay almost 68 million euros ($76 million) to Italy’s ...

Published 13 Dec, 2021 06:45am

Markets

Santander's Q3 net profit rises 24% y/y on US and UK markets

MADRID: Spain's Santander on Wednesday said its net profit in the third quarter rose 24% against the same period of...

Published 27 Oct, 2021 10:49am

Business & Finance

Santander US holding to buy 20pc of US consumer unit for $2.5bn

MADRID: Santander's US business is to buy the minority stake in its U.S. consumer unit it does not already own for...

Published 25 Aug, 2021 04:43am

Business & Finance

Santander to pump up payments business in bid to boost valuation

Expects payments unit revenue to hit 1 bln euros.
Chairman Botin says may list PagoNxt, no plans now.
Looking at small acquisitions.

Published 20 May, 2021 09:25pm

Business & Finance

Santander says technical difficulties affecting UK customers

The bank has 14 million customers in Britain and said in a statement on Twitter it was working hard to fix the problem.
"You can access cash from other bank's ATMs and at the Post Office."

Published 15 May, 2021 07:08pm

Business & Finance

Santander's asset management arm to launch trade finance fund

The fund - aimed at institutional and accredited investors - will primarily buy assets created by the banking group's trade finance business in transactions with its large corporate clients, the sources said.
The recent collapse of British supply chain finance company Greensill, however, has raised investor concerns on some of the risks involved and in some cases, the sector's lack of transparency.

Published 08 Apr, 2021 08:10pm

Business & Finance

Brazil health crisis forces Santander into office retreat

Santander Brasil's retreat is the latest sign of tension between a corporate eagerness to re-open offices and the growing risk of contagion as Brazil's COVID-19 crisis worsens.
"There are no hospital beds left, so banks are sending workers back home," Ivone Silva, head of the bank workers' union in the Sao Paulo region said.

Published 26 Mar, 2021 08:01pm

Business & Finance

Aviva pushes back bid deadline for Polish unit over Santander contract

Germany's Allianz is also in the race after missing out on Aviva's French business, which was snapped up by mutual insurer Aema Groupe for 3.2 billion euros on Tuesday, the sources said.
Aviva, which initially requested binding offers by Feb. 26, needs more time to renegotiate a bancassurance partnership in Poland with Santander, the sources said.

Published 24 Feb, 2021 09:25pm

Business & Finance

Virus pushes Santander into massive annual loss

Santander reached an agreement with unions in December to cut almost 3,600 jobs and close over 1,000 branches in its home market Spain.

Published 03 Feb, 2021 05:40pm

Markets

Bank of England set to wait for end to Brexit stand-off

The BoE's bond-buying programme is widely seen as its most likely weapon should it need to return to the stimulus pumps.

Published 17 Dec, 2020 10:55am

Business & Finance

Santander plans to cut 4,000 jobs and up to 1,000 branches in Spain

The sources said another 1,000 staff would move on to different jobs within its Spanish branches.
Banks across Europe are struggling to cope with record low interest rates.

Published 13 Nov, 2020 07:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 19	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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