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Stock impact report

Banco Santander in process of selling U.S. unit Totalbank - CEO [Reuters]

Banco Santander, S.A. Sponsored ADR (Spain) (SAN) 
Company Research Source: Reuters
Banco Santander in process of selling U.S. unit Totalbank: CEO | Reuters Reuters Staff 1 Min Read MADRID (Reuters) - Banco Santander ( SAN.MC ) is in the process of selling its U.S. unit Totalbank, Chief Executive Jose Antonio Alvarez said on Thursday. “We are in a process which could end with the sale of the bank,” Alvarez told a news conference in Madrid. Santander is also considering selling some parts of credit card business Wizink, he added. Spain’s biggest lender has paid 200 million euros in compensation to mortgage clients of Banco Popular, which it took over in June, Alvarez said. Reporting by Jesus Aguado, writing by Isla Binnie All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2017 Reuters. All Rights Reserved. Banco Santander in process of selling U.S. unit Totalbank: CEO MADRID (Reuters) - Banco Santander ( SAN.MC ) is in the process of selling its U.S. unit Totalbank, Chief Executive Jose Antonio Alvarez said Show less Read more
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