Banco Santander Central Hispano SA News

Pre-Market Movers The companies whose shares are moving in pre-market trade Tuesday are Popular Inc, North American Energy Partners Inc, United States Steel Corp., Freeport-McMoRan Popular Inc.

Brazilian bank Banco Bradesco SA "emphatically denies" a newspaper report that it is planning to purchase an equity stake in the Brazilian unit of Spain's Banco Santander SA , a spokesman for the bank said on Sunday.

As a part of Citigroup's program to raise capital to meet Tier I requirements, the company divests a 10.1 percent investment in Turkey's Akbank for $1.15 billion.

In the type of drama that rarely filters out of the Vatican, the president of its bank has been ousted by a board of external financial experts who voted no confidence in his leadership.

Overview -- On May 25, 2012, we affirmed our 'A-/A-2' ratings on Banco Santander S.A. . The outlook remains negative.

Banco Santander, Spain's largest lender, is considering the sale of a stake on its Brazilian unit to raise capital to cover mounting losses in its home market, a local newswire said on Friday.

CHL -0.27% DDAIF +0.58% LVMUY -1.87% NSRGY -0.59% TEF -3.75% TKC -2.16% LVMUY -1.87% What do BMW, Burberry and Prada have in common? Well, yes, all three are European companies with an old pedigree that produce highly-sought-after luxury goods, but besides that? Unlike some of their peers-such as Daimler AG or Moet Hennessey Louis Vuitton , none ... (more)

SAO PAULO Brazilian government-run bank Banco do Brasil SA on Wednesday rejected speculation that it is in talks to purchase a stake in Banco Santander SA , the Brazilian unit of Spain's Banco Santander SA .Banco do Brasil "vehemently denies" information published in the O Estado de S. Paulo newspaper on Wednesday, a spokesman for the bank ... (more)

Bob Boozer used to say an open 15-foot jumper was like a layup. Omaha's brightest basketball star, who died Saturday at age 75, outplayed Wilt at Allen Fieldhouse.

Spain's new capital requirements for its banks are hitting two majors hard: BBVA will set aside provisions worth approximately a 1.8 billion for that purpose, which impacts its 2012 net profits by a 1.3 billion and reduces core capital by 38 basis points.

Rating agency Fitch has downgraded five Greek banks, as the FTSE 100 takes a hit over expanding eurozone uncertainty.

This was my favorite building in Madrid. Not so popular as Metropolis but very beautiful.

New York, May 19 Ratings agency Moody's Investors Service has downgraded the credit ratings of 16 Spanish banks - including the country's largest financial institutions, Banco Santander and Banco Bilbao Vizcaya Argentaria - by between one and three notches.

Carlyle could execute a lucrative departure from the Taiwanese Ta Chong Bank, if it and other major investors can divest Ta Chong to Yuanta Financial for T$37 billion , as is expected.

International companies trading in New York ended lower Thursday, in line with the broader market, as continued worries about Greece and concerns about the health of Spanish banks dragged down shares.

Jim Simons' Renaissance Technologies hedge fund has just released its 13F , outlining the structure of its investment portfolio.

LONDON The cost of insuring the debt of two major Spanish banks against default was at record highs Friday, reflecting the reinforced worries spurred on by the downgrade by Moody's Investors Service Inc.

ATHENS/MADRID, May 18 -- The eurozone's future doesn't look bright after Greece and Spain both suffered downgrades Thursday, triggering new concerns in Europe.

Spain's borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lenders - including the euro zone's biggest - having their credit ratings cut.

Rating agency Moody's Investors Services sent yet another shockwave down the spine of the European financial industry Thursday afternoon, downgrading 16 Spanish banks after equity markets had closed in The downgrades included flaggging smaller institutions as well as giants Banco Santander and BBVA, the country's two largest banks and two of the ... (more)