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New York Times (Free subscription) | 08/10/2008
Banco Español de Crédito, the Spanish lender owned by Banco Santander, said third-quarter profit rose 5.6 percent as higher lending revenue more than offset an increase in defaults.
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Market Watch (Free subscription) | 06/10/2008
MADRID (MarketWatch) -- Spanish prime minister Jose Luis Rodriguez Zapatero will meet later Monday with the heads of Spain's top banks to discuss the unfolding global financial crisis, the government said. Zapatero will at 1500 GMT meet with top executives from Banco Santander SA Banco Bilbao Vizcaya Argentaria SA , Banco Popular Espanol SA , and from savings banks Caja Madrid, La Caixa and Unicaja....
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Banking Business Review (Free subscription) | 06/10/2008
Abbey, a subsidiary of Banco Santander, has appointed Paul Pester, currently the managing director of premium banking at Abbey, to take responsibility for Bradford & Bingley's retail distribution, including their branch network.
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Reuters UK (Free subscription) | 02/10/2008
MILAN, Oct 2 (Reuters) - Italy's second-biggest bank, UniCredit SpA , surged in early trading on Thursday, bolstered by the top executive's vow to stay on and speculation Spain's Banco Santander SA would bid for part of it.
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The Irish Times (Free subscription) | 01/10/2008
PROPINVEST AND its partner Derek Quinlan have completed the €1.9 billion acquisition of Banco Santander's worldwide headquarters complex in Madrid in what is one of the largest acquisitions of its type ever completed in Europe.
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International Herald Tribune (Free subscription) | 29/09/2008
Banco Santander, the biggest Spanish bank, said Monday it is buying almost 200 branches from Bradford & Bingley to increase deposits in its second British purchase this year.
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Reuters UK (Free subscription) | 29/09/2008
ROME (Reuters) - Banco Santander hopes to more than triple the size of its wealth management business in Italy within three years, the head of its Italian private banking unit said on Monday.
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The Telegraph (Free subscription) | 29/09/2008
Mortgage lender Bradford ? Bingley's branch network and deposit business will be sold to Spain's Banco Santander and the remainder of the group will be nationalised. Following are reactions to the move
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Market Watch (Free subscription) | 29/09/2008
LONDON (MarketWatch) -- The U.K. Treasury on Monday confirmed Bradford & Bingley is being nationalized after investors and lenders lost confidence in the bank. Bradford & Bingley's retail deposit business and branch network are being transferred to Banco Santander's Abbey division, while the remainder, including its mortgage and personal loan books, headquarters and treasury assets will be taken into...
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The Street (Free subscription) | 29/09/2008
Banco Santander's acquisition of Bradford & Bingley's branch network and deposit book leaves the U.K. government to nationalize the failed mortgage lender's loan book, according to reports.