banco santander sa-spon adr (SAN) Key Developments
Banco Santander Exploring Options For Equity Broking Unit
Jun 18 15
Banco Santander, S.A. (CATS:SAN) has said that it is exploring strategic options for its equity brokerage business. The review could lead to a sale of all or part of the business. A final decision has not been made in this regard.
Banco Santander, S.A. Presents at Debtwire Mexico Forum, Jun-11-2015 05:00 PM
Jun 8 15
Banco Santander, S.A. Presents at Debtwire Mexico Forum, Jun-11-2015 05:00 PM. Venue: Hyatt Regency Mexico City, Campos Eliseos No. 204 Polanco Chapultepec, Mexico City 11560, Mexico. Speakers: Gerardo A. Diaz Barraza, Director of Debt Capital Markets.
Santander, Ontario Teachers' Pension Plan and Public Sector Pension Investment Board Launch Cubico Sustainable Investments
May 28 15
Banco Santander, SA and Ontario Teachers' Pension Plan (Teachers) and the Public Sector Pension Investment Board (PSP Investments) have announced that they have launched Cubico Sustainable Investments (Cubico) in London. The firm would manage and invest in renewable energy and water infrastructure assets globally. The firm would be equally owned by the bank and the pension funds.
Santander Presents at Mexico Trade & Export Finance Forum, May-28-2015 10:30 AM
May 25 15
Santander Presents at Mexico Trade & Export Finance Forum, May-28-2015 10:30 AM. Venue: Hyatt Regency, Mexico City, Mexico. Speakers: Sergio Robredo, Executive Director.
Banco Santander, S.A. Announces Consolidated Cash Flow Results for the First Quarter Ended March 31, 2015; Reports Impairment Charges for the First Quarter Ended March 31, 2015
May 18 15
Banco Santander, S.A. announced consolidated cash flow results for the first quarter ended March 31, 2015. For the period, the company reported cash used in operating activities of EUR 11,604 million against cash flows from operating activities of EUR 3,046 million a year ago. Purchase of tangible assets was EUR 1,049 million against EUR 479 million a year ago. Purchase of intangible assets was EUR 165 million against EUR 287 million a year ago.
In the first three months of 2015, there were impairment losses on tangible assets (mainly investment property) amounting to EUR 29 million against first three months of 2014 was EUR 44 million which were recognised under impairment losses on other assets.