Banco Santander

Banco Santander starts buying banking equities worldwide

July 12, 2010 - 8:36am | Banks and internet banks | News

One of the biggest bank of Europe Spanish Santander has announced purchasing of the retail banking division SEB (Sweden) which allowed the company to consolidate its full service operation in Germany, says Reuters. According to the official statement Santander buys 173 branches, 2,000 employees and around 1 million private customers in Germany.

The price of the purchase is 555 million euros ($699 million).

555 million | Banco Santander | Royal Bank of Scotland | SEB

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First Data will continue its cooperation with Sovereign Bank on merchant service

December 4, 2009 - 10:09am | News | Payment systems

First Data Corporation, a global leader in electronic commerce and payment processing, today announced the company has agreed with Sovereign Bank, a wholly owned subsidiary of Banco Santander, S.A., to extend their existing merchant services agreement.

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Banco Santander started anti-money laundering policy

January 13, 2009 - 6:00am | Banks and internet banks | News

Norkom Technologies has announced that Banco Santander, one of the world’s top 10 banks and the largest bank in the euro zone, has selected its AML Solution for implementation in Santander AML Units, marking Norkom’s official foray into the Spanish financial services marketplace.

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Gemalto and Banco Santander have joined their efforts

December 12, 2008 - 12:06am | News | Plastic cards

Gemalto has announced that it will provide Banco Santander with innovative technology for its university identity card program. It is Brazil’s first multi-functional smart card combining EMV (Europay, Mastercard and Visa) payment and contactless access control on a single ID card, to be used within the university buildings – for students, teachers and staff.

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Federal Reserve approved the acquisition of Sovereign Bank by Banco Santander

December 10, 2008 - 2:19pm | Banks and internet banks | News

Today the Federal Reserve Board has announced its approval of the proposal by Banco Santander, S.A., Madrid, Spain, to acquire all the voting shares of Sovereign Bancorp, Inc., Philadelphia, and thereby indirectly acquire its subsidiary federal savings bank, Sovereign Bank, Wyomissing, both of Pennsylvania.

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