Banco Santander Central Hispano SA News

In my previous article, Less is More: Why I Prefer Low Yield Stocks , I gave five reasons why low yield stocks tend to make better long term investments than high yield stocks.

Last fall, as worries about Europe's banks mounted, Davide Serra fretted over the fate of Algebris Investments LLP, his $700 million hedge-fund firm.

Mortgages that helped fuel speculation during the U.K.'s housing boom by turning homeowners into aspiring property moguls are making a comeback.

Spain's Banco Santander, parent company of Boston-based regional institution Sovereign Bank, will set aside an additional 2.3 billion in provisions to meet a new government demand for all banks to boost their buffers against troubled real estate assets.

Spain's biggest lenders, Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA, will take a combined 6.9 billion euros in provisions after the government ordered banks to recognize more property losses.

Banco Espanol de Credito SA was selling a new covered bond Tuesday, the third Spanish bank to do so in the last week amid support provided by cheap cash from the European Central Bank .

Feb 6 - Standard & Poor's Ratings Services has assigned its 'BBB' rating to Banco Santander S.A.'s senior unsecured notes due February 2017.

MADRID Banco Santander SA Chief Executive Alfredo Saenz told its managers last week that he wants the bank to reach EUR14 billion in net profit in 2014, more than double what it made last year, Cinco Dias reports Monday.Citing sources at the meeting, the newspaper said that Santander is targeting EUR3.15 billion profit from its Spanis... ... Read ... (more)

Below are the top foreign money center banks stocks on the NYSE and the NASDAQ in terms of dividend yield.

Eurozone banking stocks performed well last month as financial firms tapped European Central Bank emergency funding.

Banco Santander was upgraded by equities research analysts at WestLB to a "neutral" rating in a research note issued to investors on Friday.

Spanish banks must raise an additional euro50 billion to cover their exposure to toxic real estate loans and assets accumulated during a construction boom that went bust with the financial crisis, according to new regulations unveiled Thursday.

Acculynk, Atlanta-based payments provider with the first software-only service for Internet PIN debit payments, PaySecure , announced today the addition of Eduardo Tobon to Acculynk's Board of Directors.

Banco Bilbao Vizcaya Argentaria SA, Spain's second-biggest bank, posted its first-ever quarterly loss after booking charges to write down goodwill at its U.S. unit and increasing provisions for bad loans.

When do you demand that all your competitors report kitchen-sink quarters? When you're convinced that their kitchen sinks are bigger than yours -- and when you believe that some at least will go under from the effort of heaving them out the window.

Banco Santander SA, Spain's biggest lender, said fourth-quarter profit plunged 98 percent as it anticipated tougher rules on recognizing real-estate losses at home and earnings declined in the U.K. and Brazil.

Spain's Banco Santander saw its fourth-quarter profits plunged 98 percent after it took a euro1.8 billion charge to protect its Spanish real estate portfolio, and as it set aside cash to cover bad loans.

Dear Mr. Berko: We have $30,000 in our joint account that we want to invest in a few issues that will pay us between 9 and 12 percent for the next few years.

Dear Mr. Berko: We have $30,000 that we want to invest in a few issues that will pay us between 9 and 12 percent.

Shares of the two largest Spanish banks, Banco Santander and Banco Bilbao Vizcaya Argentaria have not yet participated in the European risk-on rally.