Banco Santander, S.A. is a bank holding company. Santander operates principally in Spain, the United Kingdom, Portugal, other European countries, Latin America and the United States, offering a range of financial products. Santander is organized in three principal segments: Continental Europe, United Kingdom and Latin America. Continental Europe covers all retail banking business, wholesale banking and asset management and insurance conducted in Europe, with the exception of the United Kingdom. It also includes the units, such as the Santander Branch Network, Banco Espanol de Credito, S.A., Santander Consumer Finance and Portugal. United Kingdom includes retail and wholesale banking, asset management and insurance conducted by the various units and branches of the Bank in the United Kingdom. Latin America segment includes activities conducted via its subsidiary banks and other subsidiaries in Latin America.



Owner of On-line bank Cahoot, Abbey National, Alliance & Leicester, Bradford & Bingley.
Shares in issue (Aug '09) 1,853.22m
Market cap (Aug '09) €15,984m
Also listed XETRA:BSD2
4 Dividends paid Aug, Nov, Feb, May.
http://www.santander.com/

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skinny are you suggesting Santander is too big to fail? Sorry we don't buy it they have expanded into the UK on the back of weak financial regulation and the BOE had better take care they don't end up with a massive problem now they are responsible for bank regulation.

halifax - I'm not suggesting anything - just pointing you to information! I took an interest in these when I opened an ISA with them in April and bought in early June. As posted above, I sold half last week and will probably sell the rest today.

Acquisition



TIDMBNC TIDMCGP

RNS Number : 2157O
Banco Santander S.A.
24 June 2010

MATERIAL FACT ANNOUNCEMENT



Grupo Santander ("Santander") announces that it has reached an agreement with
Citigroup Inc. ("Citi") to purchase $3.2 billion of CitiFinancial Auto's auto
loan portfolio. In addition, Santander and Citi have entered into an agreement
under which Santander will service a portfolio of $7.2 billion of auto loans
that will be retained by Citi.

Santander will purchase the $3.2 billion portion of the portfolio at a price
equal to 99% of the value of the gross receivables.

The transaction is expected to close by the end of the third quarter of 2010,
and is subject to regulatory approvals and usual closing conditions.

MATERIAL FACT


Banco Santander hereby announces that it has reached agreement with
Skandinaviska Enskilda Banken (SEB Group) for the acquisition by its affiliate
Santander Consumer Bank AG of SEB's commercial banking business in Germany for
an amount of approximately 555 million euros. The acquisition will have an
impact of about 10 basis points on Santander's core capital ratio, which stood
at 8.8% at March 31, 2010.

Following the acquisition of SEB's commercial banking business in Germany, which
includes 173 branches and serves one million customers, the number of branches
of Santander Consumer Bank's network in Germany will be almost doubled.

It is anticipated that the transaction will be concluded in 2011, once the
appropriate regulatory approvals have been obtained.

Santander eyes 3bn UK autumn listing
"Santander is gearing up to list its UK operations...raising capital.People close to Santander said that if market conditions were...group would like to float 20 per cent of Santander UK."

1st Half results presentation



TIDMBNC

RNS Number : 0717Q
Banco Santander S.A.
28 July 2010


MATERIAL FACT


Banco Santander hereby advises that the presentation of the Grupo Santander 2010
2nd Quarter Results will take place tomorrow, Thursday 29th July 2010. For this
purpose, a webcast presentation to analysts will be held at 10:00 hours (Madrid
time), followed by a meeting with journalists at 12:00 hours.

Both events will take place at the Grupo Santander City in Boadilla del Monte
(Madrid). The presentation to analysts can be followed by anyone interested via
the Internet on the corporate website www.santander.com. Likewise, this
presentation to analysts will be made public prior to its commencement via its
notification to the CNMV and publication on the aforementioned corporate
website.

1st Half results press release

The Group raised EUR 88,300 million in deposits during the half,

including EUR 30,000 million from Spain

The Group deepens its geographical diversification, with Continental Europe accounting for 43% of profit (Spain 22%), Latin America 37% (Brazil 22%), the U.K. 17% and Sovereign (in the U.S.) 3%.

Net operating income, the difference between income and costs, rose 7% to EUR 12,000 million in the first six months. Loans grew by 5% and customer funds by 12%.

Continental Europe: Attributable profit fell 6% to EUR 2,553 million. Lending fell by 0.2 percentage point and deposits grew by 34%.

Latin America: Attributable profit rose 20% to EUR 2,160 million. Lending rose by 20% and deposits by 19%, in euros.

Profit in Brazil rose 35% to a record EUR 1,294 million, with 28% growth in loans and 26% in deposits.

U.K.: Attributable profit rose 11% to 875 million and by 14% in euros to EUR 1,006 million. Loans rose by 6% and deposits by 14% in euros.

Sovereign generated profit of $227 million (EUR 172 million) after its third consecutive quarter of positive results.

Provisions for bad loans increased by 6% to EUR 4,919 million, though were down by 4% on a like-for-like basis (excluding the exchange rate effect and using the same perimeter).

Non-performing loans ended the period at 3.37%, up three basis points from the previous quarter, the lowest increase since the international financial crisis began in the summer of 2007. NPLs in Spain were 3.71%, well below the 5.47% average for the sector. The coverage ratio remained at 73%.

The efficiency ratio was 42.2%. The U.K. and Brazil were below 40% and Sovereign improved to 44% from 66% a year earlier.

The capital ratios underline Banco Santander's solvency, with a Tier 1 ratio of 10.1% and core capital of 8.6%, compared with 9.4% and 7.5%, respectively, a year earlier.

BNC looking @6 again - still a good yielder for those with the stomach.

Due to ineptitude, I didn't trade these on Monday!

Banco Santander hereby informs that it has today published its Annual Report, together with the Reports by the Audit and Compliance Committee and the Appointments and Remuneration Committee, all corresponding to the 2010 financial year, and has sent its 2010 Annual Financial Report to the National Securities Market Commission (CNMV). These documents are available on the corporate website (www.santander.com).

Banco Santander, S.A. hereby advises that as of 1st August next it will pay a dividend on account of the earnings for the 2011 financial year for a gross amount per share of 0.135234 euros. This amount is the same as the one paid in August 2010 as a first interim dividend on account of the earnings for 2010. On Monday 1st August 2011, the Bank's share will already trade ex-dividend.

Sarah Young, 17:13, Sunday 19 June 2011

LONDON (Reuters) - Spanish bank Santander (Madrid: SAN.MC - news) said on Sunday it is not currently in talks with Qatar after a report that the Gulf state was in conversations about buying a stake in the British arm of the bank.

The report in the Sunday Times said the bank was in talks with Qatar Holdings, part of the state's sovereign wealth fund, and with other such funds, about acquiring a stake prior to, or at the time of, a planned flotation of the unit.

"There are currently no conversations under way with Qatar about this matter," a Santander official in Madrid said in response to the report.

Qatar Holdings and Santander UK were unavailable for comment.

The Spanish lender said last year it planned to list its UK unit, which according to the report is the fifth-largest bank in Britain.

Qatar Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani, who is also head of the sovereign wealth fund, said in February that Qatar was open to buying stakes in UK lenders, having reaped a significant profit from investing in Barclays (LSE: BARC.L - news) .

In 2010, Qatar bought a 5 percent stake in Santander's Brazilian arm, Banco Santander Brasil (NYSE: BSBR - news) , in a deal worth $2.7 billion (1.6 billion pounds).

(Reporting by Sarah Young and Paul Day; Editing by David Hulmes)

15 July 2011

MATERIAL FACT

Banco Santander announces that the results of stress test conducted by the European Banking Authority (EBA), in cooperation with the Bank of Spain, the European Central Bank (ECB), the European Commission (EC) and the European Systemic Risk Board (ESRB) show that Banco Santander would end 2012 with a Core Tier 1 ratio of 8.4%, well above the 5% minimum set out by the EBA for the purpose of the stress tests. The Core Tier 1 ratio would stand at 8.9% including generic provisions.

The stress test has been carried out using a static balance sheet assumption as at 31 December, 2010 and a constant business model in terms of geographies and products. Acquisitions and divestments are not considered, so it does not reflect a forecast of the Group's results for the next two years.

StockMarketWire.com
Banco Santander's net attributable profits fell by 21% to 3,501m in the first six months of the year.

This is after taking a one-off charge of 620m to cover potential claims that could arise from the mis-selling of payment protection insurance in the UK.

Excluding this provision, profit in the first half would have been 4,121m - down 7% from the first half of 2010.

Chairman Emilio Bot said: "Our strong capacity to generate revenues will enable us to close 2011 with a recurrent profit in line with last year's and to keep our dividend at 0.60 per share."

6 long gone - I have this as yielding 9.93% !

the pain in spain lies mainly.......

Santander UK chief Ana Botin issues severe profits warning as economy stalls

Jamie Dunkley, 20:02, Thursday 29 September 2011

Ana Bot, the chief executive of Santander (Madrid: SAN.MC - news) 's UK business, issued a severe profits warning as the lender faces rising costs and difficult market conditions.

After an investor presentation in London, analysts believe the bank is likely to lose out on 750m of profits over the next three years. The three-year shortfall compares with a 2010 profit at the UK arm of 1.5bn.

Ms Bot, who has led the business since last December, said returns were likely to fall in 2012 and 2013 as she committed to invest almost 500m to improve the bank's customer service levels.

She (SNP: ^SHEY - news) warned that Santander UK, which has delayed plans to list its shares on the London Stock Exchange (LSE: LSE.L - news) , would be forced to contend with "a combination of strong headwinds", citing low GDP growth and regulatory costs as key concerns.

Speaking at the investor day, she added: "We believe the cumulative effect of a liquidity buffer, FSCS [Financial Services Compensation Scheme] and the bank levy, plus the costs of structural reforms, will increase ten-fold from where we were in 2008 to what we expect to see in 2013, impacting our profit before tax.

"That's a challenging backdrop for our business but Santander UK has an enormous opportunity in the UK and we have accomplished a lot so far."

Santander UK hopes to open 3m new current accounts over the next three years and increase the number of credit card customers by about 1.5m.

Ms Bot claimed the company hoped to be the "bank of choice for small and medium-sized businesses".

On Wednesday, Santander UK said it had poached a new head of strategy and regulation from rival Barclays (LSE: BARC.L - news) . Stephen Jones was head of investor relations at Barclays and previously a senior debt and equity capital markets banker.

Investor day - Press release.

INVESTOR DAY

Alfredo Snz: "Profit will return to normal in three years"


. "Emerging markets (Latin America and Poland) are expected to provide double-digit growth in net profit in the short and medium term."

. "Mature markets where provisions have stabilized or are falling (the U.K., the U.S. and Santander Consumer Finance) will register single-digit increases in net profit over the next three years."

. We expect that in 2013 and 2014 Spain and Portugal "will generate EUR 2.0 billion in excess free capital a year."

. "The crisis has validated our business model of diversification with financially autonomous subsidiaries and strong operational integration within the Group."

StockMarketWire.com
Banco Santander's net attributable profit fell to 5,303m in the first nine months - 13% down on last year.

Results were hit by the 620m fund created in the second quarter to cover potential claims that could arise from the sale of payment protection insurance in the UK.

Excluding this provision, profits would be down 3% from the first three quarters of 2010.

Group revenues increased 6% in the first nine months of the year.

For the second time, these were above 11,000m in a single quarter, with an increase of 2% in basic revenues of Santander's branch network in Spain.

Banco Santander chairman Emilio Bot said: "Our strong capacity to generate profit and the soundness of our balance sheet will enable us to exceed new capital requirements without the need to issue capital while maintaining our remuneration at 0.60 per share in 2011."

This year the group has carried out two transactions which will generate capital gains of approximately 1.5bn.

"These will be incorporated in the fourth quarter and will be fully used to strengthen the balance sheet.

"These capital gains come from the alliance with Zurich Financial for the insurance business in Latin America, with a capital gain of EUR 750 million, and the entrance of new shareholders in Santander Consumer USA's capital.

"They will provide $1,150b of capital in a transaction that generates another capital gain of 750m for the group."

EBA says Santander has the biggest bad debt exposure amongst european banks and a capital deficit of e15billion will this explain why they took over A&L B&B and Abbey? It might also help to understand why the spanish head of LLOY is now on sick leave!