Banco Santander, S.A.,
doing business as
A trade name, trading name, or business name, is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is a "fictitious" business name. Registering the fictitious name w ...
Santander Group (, ,
Spanish
Spanish might refer to:
* Items from or related to Spain:
**Spaniards are a nation and ethnic group indigenous to Spain
**Spanish language, spoken in Spain and many Latin American countries
**Spanish cuisine
Other places
* Spanish, Ontario, Cana ...
: ), is a Spanish multinational
financial services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...
company based in
Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and ...
and
Santander
Santander may refer to:
Places
* Santander, Spain, a port city and capital of the autonomous community of Cantabria, Spain
* Santander Department, a department of Colombia
* Santander State, former state of Colombia
* Santander de Quilichao, a m ...
in
Spain
, image_flag = Bandera de España.svg
, image_coat = Escudo de España (mazonado).svg
, national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond")
, national_anthem = (English: "Royal March")
, i ...
. Additionally, Santander maintains a presence in all
global financial centres as the
16th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across
North
North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating Direction (geometry), direction or geography.
Etymology
T ...
and
South America
South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere at the northern tip of the continent. It can also be described as the southe ...
, and more recently in
continental Asia. It is considered a
systemically important bank
A systemically important financial institution (SIFI) is a bank, insurance company, or other financial institution whose failure might trigger a financial crisis. They are colloquially referred to as "too big to fail".
As the financial crisis o ...
by
Financial Stability Board
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum ...
.
Many subsidiaries, such as
Abbey National
The Abbey National Building Society was formed in 1944 by the merger of the Abbey Road and the National building societies.
It was the first building society in the United Kingdom to demutualise, doing so in July 1989. The bank expanded throu ...
, have been rebranded under the Santander name. The company is a component of the
Euro Stoxx 50 stock market index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance.
Two of the ...
. In May 2016, Santander was ranked as 37th in the
Forbes Global 2000
The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by ''Forbes'' magazine. "The Global 2000" annual ranking is assembled by ''Forbes'' using a weighted assessment of four metrics: sales, profi ...
list of the world's biggest public companies. Santander is Spain's largest bank.
Banco Santander is chaired by
Ana Patricia Botín-Sanz de Sautuola O'Shea, daughter and granddaughter of former chairmen
Emilio Botin-Sanz de Sautuola y García de los Ríos and
Emilio Botín-Sanz de Sautuola López, respectively.
History
Banco Santander was founded in 1857 as Banco de Santander. In 1999, it merged with
Banco Central Hispano
Banco Central Hispano was a Spanish bank. In 1999 it was merged with Banco Santander
Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santande ...
, or BCH, which had in turn been formed through the 1991 merger of Banco Central and Banco Hispanoamericano. The combined bank, known as Banco Santander Central Hispano, or BSCH,
was designed to be a "merger of equals", in which the top executives of the two pre-existing firms would share control of the merged entity. Soon after the merger former BCH executives accused Banco Santander chairman Emilio Botín Sanz de Sautuola, and García de los Ríos who succeeded him, of trying to push his own agenda and threatened to take legal action. This post-merger disagreement was resolved when BCH executives Jose Amusátegui and Angel Corcóstegui agreed to accept severance payments, retire and pass control to Botín, at an expense to shareholders of
€
The euro sign () is the currency sign used for the euro, the official currency of the eurozone and unilaterally adopted by Kosovo and Montenegro. The design was presented to the public by the European Commission on 12 December 1996. It consists o ...
183 million.
The large termination payouts generated negative press, and Botín was eventually brought to trial on criminal charges of "misappropriation of funds" and "irresponsible management". However, in April 2005, the court cleared him of all charges, the €164 million retirement payments made to the two former executives having been found to be legal, "made as compensation for the services provided to the bank". Also that year, the anti-corruption division of the Spanish public prosecutor's office cleared Botín of all charges in a separate case, in which he was accused of
insider trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information ...
. In 2007, the bank officially changed the official name back to Banco Santander S.A.
In 1996, Banco Santander acquired
Grupo Financiero InverMexico. In 2000, Banco Santander Central Hispano acquired
Grupo Financiero Serfin of
Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...
. On 26 July 2004, Banco Santander Central Hispano announced the acquisition of
Abbey National
The Abbey National Building Society was formed in 1944 by the merger of the Abbey Road and the National building societies.
It was the first building society in the United Kingdom to demutualise, doing so in July 1989. The bank expanded throu ...
plc. Following shareholders' approval at the
EGM of Abbey (95 percent voted in favour, despite vocal opposition from most of those present) and Santander, the acquisition was formally approved by the courts and Abbey became part of the Santander Group on 12 November 2004. In June 2006, Banco Santander Central Hispano purchased almost 20% of
Sovereign Bank
Santander Bank, N. A. (), formerly Sovereign Bank, is a wholly owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about ...
and acquired the option to buy the bank (at the time, the market value was roughly US$40 per share) for one year beginning in the middle of 2008.
In May 2007, Banco Santander Central Hispano announced that in conjunction with
The Royal Bank of Scotland
The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail banking, retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) ...
and
Fortis
Fortis may refer to:
Business
* Fortis AG, a Swiss watch company
* Fortis Films, an American film and television production company founded by actress and producer Sandra Bullock
* Fortis Healthcare, a chain of hospitals in India
* Fortis Inc ...
it would make an offer for
ABN AMRO
ABN or abn may refer to:
Companies
* ABN AMRO Group, a Dutch bank group
* ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank
* Algemene Bank Nederland, a now-defunct Dutch bank
Radio, news and television organizat ...
. BSCH's share of the offer added up to 28% and the offer would have to be made up of a capital increase through a new share issue. Then in October 2007, the consortium outbid
Barclays
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.
Barclays traces ...
and acquired
ABN AMRO
ABN or abn may refer to:
Companies
* ABN AMRO Group, a Dutch bank group
* ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank
* Algemene Bank Nederland, a now-defunct Dutch bank
Radio, news and television organizat ...
. As part of the deal, Grupo Santander acquired ABN AMRO's subsidiary in Brazil,
Banco Real {{Infobox company
, name = Banco Real
, logo = Banco Real.svg
, trade_name = Banco ABN Amro Real S.A.
, type = S.A.
, predecessor = Banco da Lavoura
, founded = {{Start date, 1971, 03, 01, df=y in São Paulo, Brazil
, founder = Aloysio de ...
, and its subsidiary in Italy,
Banca Antonveneta
Banca Antonveneta S.p.A. was an Italian bank based in Padua, Italy. The bank was absorbed into Banca Monte dei Paschi di Siena in 2013.
In 2008, it was the 9th largest banking group in Italy in terms of customer loans and the 8th largest in terms ...
. On 13 August 2007, Banco Santander Central Hispano changed its legal name to Banco Santander. In November that year, it sold
Banca Antonveneta
Banca Antonveneta S.p.A. was an Italian bank based in Padua, Italy. The bank was absorbed into Banca Monte dei Paschi di Siena in 2013.
In 2008, it was the 9th largest banking group in Italy in terms of customer loans and the 8th largest in terms ...
to
Banca Monte dei Paschi di Siena
Banca Monte dei Paschi di Siena S.p.A. (), known as BMPS or just MPS, is an Italian bank. Tracing its history to a mount of piety founded in 1472 () and established in its present form in 1624 (), it is the world's oldest or second oldest bank ...
, excluding a subsidiary
Interbanca
Interbanca S.p.A. was an Italian merchant bank that specializes in lending and financing transactions for medium-sized firms. Its headquarters are in Milan and it has 10 branches in major cities throughout Italy.
Following a series of acquisitio ...
. In March 2008, Banco Santander sold
Interbanca
Interbanca S.p.A. was an Italian merchant bank that specializes in lending and financing transactions for medium-sized firms. Its headquarters are in Milan and it has 10 branches in major cities throughout Italy.
Following a series of acquisitio ...
to
GE Commercial Finance
GE Commercial Finance was a unit of GE Capital, (one of five major operating divisions of General Electric). Headquartered in Norwalk, Connecticut, United States, it plays a role in over 35 countries and had assets of over US$335 billion at year e ...
, receiving in return
GE Money
GE Capital is the financial services division of General Electric.
The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. ...
businesses in
Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
,
Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...
and
Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...
, and GE's card and auto-financing businesses in the UK, which it integrated with Santander Consumer Finance.
![Banco Santander Building](https://upload.wikimedia.org/wikipedia/commons/a/a4/Banco_Santander_Building.jpg)
In July 2008, the group announced it intended to purchase the UK bank
Alliance & Leicester
Alliance & Leicester plc was a British bank and former building society, formed by the merger in 1985 of the Alliance Building Society and the Leicester Building Society. The business demutualised in the middle of 1997, when it was floated on ...
, which held £24 billion in deposits and had 254 branches. Santander also purchased the savings business of
Bradford & Bingley
Bradford & Bingley plc was a British bank with headquarters in the West Yorkshire town of Bingley.
The bank was formed in December 2000 by demutualisation of the Bradford & Bingley Building Society following a vote of the building society's mem ...
in September 2008, which held deposits of £22 billion, 2.6 million customers, 197 branches and 140 agencies. The acquisition of Alliance & Leicester completed in October 2008 when the B&B's shares were delisted from the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
. By the end of 2010 the two banks merged with Abbey National under the Santander UK brand.
In October 2008, the Group announced to acquire 75.65% of Sovereign Bancorp it did not own for approximately US$1.9 billion (€1.4 billion). Because of the
2008 financial crisis
8 (eight) is the natural number following 7 and preceding 9.
In mathematics
8 is:
* a composite number, its proper divisors being , , and . It is twice 4 or four times 2.
* a power of two, being 2 (two cubed), and is the first number of t ...
at the time, Sovereign's
share price
A share price is the price of a single share of a number of saleable equity shares of a company.
In layman's terms, the stock price is the highest amount someone is willing to pay for the stock, or the lowest amount that it can be bought for.
B ...
had fallen greatly: rather than the $40 per share it would have cost in 2006, Banco Santander ended up paying less than $3 per share. The acquisition of Sovereign gave Santander its first retail bank in the mainland United States. Santander renamed the bank to enhance its global brand recognition in October 2013. On 14 December 2008, it was revealed that the collapse of
Bernard Madoff
Bernard Lawrence Madoff ( ; April 29, 1938April 14, 2021) was an American fraudster and financier who was the admitted mastermind of the largest Ponzi scheme in history, worth about $64.8 billion. He was at one time chairman of the NASDAQ s ...
's
Ponzi scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are comin ...
might mean the loss of €2.33 billion at Banco Santander.
On 10 November 2009,
HSBC
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ...
Finance Corporation announced its auto finance entities had reached an agreement with Santander Consumer USA Inc.(SC USA) to sell HSBC US auto loan servicing operations, US$1 billion in auto loan receivables for US$904 million in cash, and enter into a loan servicing agreement for the remainder of its liquidated US auto loan portfolio. The transaction closed in the first quarter of 2010.
In September 2010, Santander purchased
Bank Zachodni WBK
Santander Bank Polska SA, formerly Bank Zachodni WBK (BZ WBK) (eng. West WBK Bank - ''the WBK abbreviation below'') is a Polish universal bank based in Wrocław, Poznań and Warsaw. It is the third largest bank in Poland in terms of assets value a ...
from
Allied Irish Banks
Allied Irish Banks, p.l.c. is one of the so-called Big Four commercial banks in Ireland. AIB offers a full range of personal, business and corporate banking services. The bank also offers a range of general insurance products such as home, trav ...
. On 28 February 2012, Santander announced that it had reached an agreement with
KBC Bank
KBC Group is a Belgian universal multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czech Republic, Hungary, and Slovakia. It was created in 1998 through the merger of Kredietbank ...
to buy KBC's subsidiary Kredyt Bank in Poland. Santander merged Bank Zachodni WBK and Kredyt to create Poland's third-biggest bank, valued at about €5 billion (US$6.7 billion), having a market share of 9.6% in deposits, 8.0% in loans, 12.9% in branches (899), and more than 3.5 million retail customers. As a result of the merger, Santander came to hold 76.5% of the combined bank, and KBC came to hold about 16.4%; other shareholders held about 7.1% of the shares in the combined bank. Santander stated that it intended to buy more of KBC's shares in the combined bank to bring KBC's holdings below 10%; KBC affirmed it intended to sell its remaining stake. KBC sold its shareholding and Santander owns 75% of the bank, the rest is free float. In December 2012, Banco Santander announced that it would absorb
Banesto
Banco Español de Crédito, S.A. (), “Spanish Credit Bank”) better known as Banesto, was a Spanish multinational financial services company. Prior to the Spanish Government's historical intervention in 1993, the very first in the history of ...
and
Banco BANIF
Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centre ...
, purchasing the remaining 10% of Banesto it did not already own.
In October 2013, Santander acquired 51% in Spain's largest consumer finance business,
El Corte Inglés
El Corte Inglés S.A. (), headquartered in Madrid, is the biggest department store group in Europe and ranks third worldwide. Its primary source of sales is from department stores, followed by internet sales. It is a family business, with most s ...
, for around €140 million. Santander acquired a €470 million stake in
HSBC
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ...
's
Bank of Shanghai
Bank of Shanghai Co., Ltd. (BOSC) is an urban commercial bank based in Shanghai in China. The bank was ranked 73rd among 1000 banks around the world by ''The Banker'' in terms of their Tier 1 capital in 2020.
History
The Bank of Shanghai was foun ...
in 2013 in order to rebalance its business to the Asian market. In June 2014, Santander bought GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for €700 million (US$950 million). In September 2014, it was announced that Santander was in talks to merge its asset management unit with that of
Unicredit
UniCredit S.p.A. is an international banking group headquartered in Milan. It is Italy's only systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets. It was for ...
to create a European firm worth €350 billion in assets. In November 2014, Banco Santander acquired a 5.1 percent stake in
Monitise Plc
Monitise Plc was a British company in financial services technology.
Monitise was founded by Alastair Lukies and Steven Atkinson in 2003. Its headquarters are in London, United Kingdom, with operations in the US, Turkey, and Cardiff.
The company ...
for £33 million. On 7 June 2017, Banco Santander purchased
Banco Popular Español
Banco Popular Español, S.A. () was the sixth largest banking group in Spain before it was bought by Banco Santander as part of a rescue package in June 2017.
Components
The group consisted of the following companies: national bank Banco Popular ...
for a symbolic price of €1.
In 2018, the bank announced a three-year push into
Latin America
Latin America or
* french: Amérique Latine, link=no
* ht, Amerik Latin, link=no
* pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...
to increase its presence in the market, particularly Brazil and Mexico, targeting these countries' super-rich.
Financial data
Operations
![Thanksgiving Tower](https://upload.wikimedia.org/wikipedia/commons/5/51/Thanksgiving_Tower.jpg)
The Santander Group operates across Europe, South America, North America and Asia, partly due to its acquisitions. it had more than 186,000 employees, 14,392 branches, 3.26 million shareholders and 102 million customers.
Retail banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking servi ...
– the main aspect of Santander's operations – generates 74% of the group's profit.
On 10 June 2010, Grupo Santander announced that it would invest approximately US$270 million (€200 million) in
Campinas
Campinas (, ''Plains'' or ''Meadows'') is a Brazilian municipality in São Paulo State, part of the country's Southeast Region. According to the 2020 estimate, the city's population is 1,213,792, making it the fourteenth most populous Brazilian ...
, Brazil in a technology centre for research and data processing and a data centre that was to support operations across North America, Central America and South America. The new centre was to be established within the 'Development Company for High Technology Cluster of Campinas' on 1 million square metres. Construction began in January 2011, and full operation was expected in 2013 offering over 8,000 direct and indirect jobs.
In 2013, global growth equity firm
General Atlantic
General Atlantic (also known as "GA") is an American growth equity firm providing capital and strategic support for global growth companies, headquartered in New York, United States. The firm was founded in 1980 as the captive investment team for ...
, along with
Warburg Pincus
Warburg Pincus LLC is a global private equity firm, headquartered in New York, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over ...
LLC, acquired a 50% stake in Santander Asset Management.
In 2010, Banco Santander expanded into
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
, focusing on trade finance services and establishing a joint venture with
China Construction Bank
China Construction Bank Corporation (CCB) is one of the " big four" banks in China. In 2015, CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic bra ...
. The venture was set up in 2011 with initial funds of 3.5 billion
yuan (US$530 million).
Europe
*Austria
** Santander Consumer Bank GmbH
*Belgium
** Santander Consumer Finance Benelux B.V.
*Denmark
** Santander Consumer Bank AS
*Finland
** Santander Consumer Finance Oy
*France
** Banco Santander, S.A. – Representative Office in Paris
*Germany
** Santander Consumer Bank AG
** Santander Bank (Zweigniederlassung der Santander Consumer Bank AG)
** Santander Consumer Debit GmbH
** Santander Consumer Leasing GmbH
*Italy
** Santander Consumer Bank S.p.A.
** Santander Private Banking
*Luxembourg
**
Banco Santander Totta S.A
*Netherlands
** Santander Consumer Finance Benelux B.V.
*Norway
** Santander Consumer Bank AS
*Poland
**
Santander Bank Polska
Santander Bank Polska SA, formerly Bank Zachodni WBK (BZ WBK) (eng. West WBK Bank - ''the WBK abbreviation below'') is a Polish universal bank based in Wrocław, Poznań and Warsaw. It is the third largest bank in Poland in terms of assets value a ...
** Santander Consumer Bank S.A.
*Portugal
**
Banco Santander Totta
Banco Santander Totta S.A., also known as Banco Santander (Portugal), is a subsidiary of Banco Santander in Portugal. Founded in 1988, it is currently the largest private bank in Portugal. In 2000, the then Banco Totta was acquired by Santander G ...
** Banco Popular Portugal
** Banco Santander Consumer Portugal, SA
** WiZink Portugal
** Hispamer
*Spain
** Banco Santander
**
Banco Popular Español
Banco Popular Español, S.A. () was the sixth largest banking group in Spain before it was bought by Banco Santander as part of a rescue package in June 2017.
Components
The group consisted of the following companies: national bank Banco Popular ...
**
Banco Pastor
Banco Popular Pastor, S.A. was a Spanish bank. It was the second oldest banking institution in the country, after Banco Etcheverría.
The bank's main business activity was commercial banking, corporate banking, Internet and telephone banking, an ...
** Santander Consumer Finance
**
Openbank
Openbank is an online bank, headquartered in Madrid, Spain. Since its foundation in 1995, it has been a subsidiary of Grupo Santander. According to the Spanish Banking Association, by the end of 2016 nearly 1,350,000 accounts had been registere ...
** WiZink
*Sweden
** Santander Consumer Bank AS
*Switzerland
** Santander Private Banking
*United Kingdom
**
Santander UK
Santander UK plc (, ) is a British bank, wholly owned by the Spanish Santander Group. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance.
Santander UK is one of the le ...
**
Cahoot
cahoot is an internet-only division of Santander UK plc, the British subsidiary of the Santander Group. Cahoot was launched in June 2000, as the internet based banking brand of Abbey National plc. Cahoot is based in Belfast, Northern Irelan ...
**
Cater Allen
Cater Allen is a private bank operating in the United Kingdom. It is a subsidiary of Santander UK. Tracing its history back to a bank founded in Blackburn in 1816,http://www.caterallen.co.uk/DocumentDownload.aspx?docID=48 (pdf) it was independent ...
**Santander International
*** Isle of Man branch
*** Jersey branch
** Santander Consumer (UK) plc
** Santander Totta
Americas
*Argentina
**
Banco Santander Río
*Brazil
**
Banco Santander Brasil
Banco Santander (Brasil) S.A. is the Brazilian subsidiary of the Spanish Santander Group, headquartered in São Paulo, Brazil. It is the fifth largest banking institution in Brazil, as well as the List of largest banks in Latin America, fifth lar ...
*Chile
**
Banco Santander-Chile
Banco Santander-Chile is the largest bank in Chile by loans and deposits. The bank has 504 branches network. It is a subsidiary of the Santander Group. Its main competitors are Banco de Chile, Itaú Corpbanca and BCI BCI may refer to:
Organizat ...
** Banco Santander Banefe
*Colombia
** Banco Santander de Negocios Colombia S.A.
*Mexico
**
Santander México
*Peru
** Banco Santander Perú S.A.
*Puerto Rico
** Banco Santander Puerto Rico
** Santander Overseas Bank
*United States
** Santander Private Banking
**
Santander Bank
Santander Bank, N. A. (), formerly Sovereign Bank, is a wholly owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about ...
** Santander Consumer USA
** Santander Global Banking & Markets
**
RoadLoans
** HelpingLoans
**
TotalBank (
Miami Dade)
*Uruguay
** Banco Santander Uruguay
Asia and Australia
*China
** Banco Santander, S.A. – Shanghai branch
** Banco Santander, S.A. – Beijing branch
*Hong Kong
** Banco Santander, S.A. – Hong Kong branch
*Singapore
** Banco Santander, S.A. – Singapore branch
Africa
*
Attijariwafa Bank (4.55% share)
Sponsorships
![Ferrari F1-75 in Melbourne](https://upload.wikimedia.org/wikipedia/commons/9/98/Ferrari_F1-75_in_Melbourne.jpg)
Santander and
La Liga
The Campeonato Nacional de Liga de Primera División, commonly known simply as Primera División in Spain, and as La Liga in English-speaking countries and officially as LaLiga Santander for sponsorship reasons, stylized as LaLiga, is the men's ...
had a title sponsorship deal from the
2016–17 season, forming the Spanish football league known commercially as
La Liga Santander. Santander sponsored the
UEFA Champions League
The UEFA Champions League (abbreviated as UCL, or sometimes, UEFA CL) is an annual club football competition organised by the Union of European Football Associations (UEFA) and contested by top-division European clubs, deciding the competit ...
for two years, from the
2018–19 season to 2020–21.
Santander has also sponsored the main South American club competition
Copa Libertadores
The CONMEBOL Libertadores, also known as the Copa Libertadores de América ( pt, Copa Libertadores da América), is an annual international club football competition organized by CONMEBOL since 1960. It is the highest level of competition in S ...
since
2008
File:2008 Events Collage.png, From left, clockwise: Lehman Brothers went bankrupt following the Subprime mortgage crisis; Cyclone Nargis killed more than 138,000 in Myanmar; A scene from the opening ceremony of the 2008 Summer Olympics in Beijing; ...
for the South American markets.
In
Formula One
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship, ...
, from 2007 to 2017, Santander was a corporate sponsor of the
Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as ''Auto Avio Costruzioni'', the company built its first car in ...
and
McLaren
McLaren Racing Limited is a British motor racing team based at the McLaren Technology Centre in Woking, Surrey, England. McLaren is best known as a Formula One constructor, the second oldest active team, and the second most successful Formul ...
teams. From 2022, Santander returned to Formula One as a premium sponsor of Ferrari.
In March 2020 Santander Group in conjunction with La Liga announced the first ever LaligaSantander Fest, a global charity concert event seeking to raise funds in response to the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
.
[Lang, J.]
"Intl TV Newswire: LaLiga Fest Details, Dancing Ledge Promotes, Red Arrow Deals"
''Variety
Variety may refer to:
Arts and entertainment Entertainment formats
* Variety (radio)
* Variety show, in theater and television
Films
* ''Variety'' (1925 film), a German silent film directed by Ewald Andre Dupont
* ''Variety'' (1935 film), ...
'', March 27, 2020.
See also
*
Inter-Alpha Group of Banks The Inter-Alpha Group of Banks was created in 1971 by six banks in the European Community to provide a platform for the regular exchange of ideas and to explore areas for cooperation between its member banks. The group is a non-hierarchical associat ...
*
List of banking institutions of Europe
*
List of banks in Spain
This is a list of banks in Spain. Spain has 10 banking groups that are directly supervised by the European Central Bank. As of September 2021, the "big four" in Spain are:
* Banco Santander
* BBVA
* Caixabank
* Banco Sabadell
There were formerly a ...
Citations
References
*Guillén, Mauro and Adrian Tschoegl (2008
''Building a Global Bank: The Transformation of Banco Santander'' (Princeton, NJ: Princeton University Press).
{{DEFAULTSORT:Banco Santander
Banks of Spain
Conglomerate companies of Spain
Companies listed on the New York Stock Exchange
Multinational companies headquartered in Spain
Systemically important financial institutions
Companies based in Cantabria
Santander, Spain
Banks established in 1857
1857 establishments in Spain
Spanish brands
IBEX 35
Companies in the Euro Stoxx 50
Companies listed on the Madrid Stock Exchange
Companies listed on the London Stock Exchange
Companies listed on the Warsaw Stock Exchange
Banks under direct supervision of the European Central Bank