Botin's Costly Credit Suisse Hiring Spree Is Reshaping Santander [Yahoo! Finance Canada]
Banco Santander, S.A. Sponsored ADR (Spain) (SAN)
US:NYSE Investor Relations:
santander.com/csgs/satellite/cfwcsancomqp01/en_gb/corporate/shareholders-and-investors.html
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- When the Iowa Tribe of Oklahoma recently sought to finance a casino between Oklahoma City and Tulsa, it turned to Banco Santander SA to find investors. Most Read from Bloomberg Spain's biggest bank would have been an unlikely bookrunner several years ago, when it counted on one hand the leveraged loans it arranged in the US. But after a hiring spree that included dozens of former investment bankers from Credit Suisse's Wall Street outpost, Santander has been rapidly climbing the league tables, with more than a hundred deals in the US this year already. The new recruits and the flurry of transactions they're reeling in are starting to reshape the retail-lending giant, whose stock has lost a third of its value under the decade-long tenure of Chairman Ana Botin. In what is arguably its biggest Wall Street expansion ever, the firm acquired Amherst Pierpoint Securities for $600 million about three years ago and has since added hundreds of investment bankers in the US
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SAN
News
- PBB Bond Sale Said to Leave Banks Stuck With a Chunk of Debt [Yahoo! Finance]Yahoo! Finance
- Santander Markets At Least a Dozen SRTs in Move to Boost Profits [Yahoo! Finance Canada]Yahoo! Finance Canada
- Banco Santander, S.A. (NYSE: SAN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Banco Santander, S.A. (NYSE: SAN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Automotive Finance Market to surpass $544.1 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]Yahoo! Finance
SAN
Earnings
- 10/30/24 - Miss
SAN
Analyst Actions
- 9/7/24 - UBS Group AG
SAN
Sec Filings
- 11/21/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/12/24 - Form 13F-HR
- SAN's page on the SEC website