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Santander


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Santander launches US digital bank to cut cost of auto lending

UPDATE 1-Santander launches US digital bank to cut cost of auto lending Launches Openbank in US to expand retail unit nationwide Could help lender fund as much as $30 bln of auto loan assets Plans to evaluate how to grow Openbank further, including deals Adds details in paragraphs 9, 10, 11 on the U.S. and products By Jesús Aguado and Saeed Azhar MADRID/NEW YORK, Oct 21 (Reuters) - Spain's Santander SAN.MC launched its digital bank in the United States on Monday, which could help fund up to $30
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Santander launches digital bank in US to gain cheaper funding for auto loans

Santander launches digital bank in US to gain cheaper funding for auto loans By Jesús Aguado and Saeed Azhar MADRID/NEW YORK, Oct 21 (Reuters) - Spain's Santander SAN.MC launched its digital bank in the United States on Monday, which will help it to fund over $30 billion of auto lending assets and broaden its retail business in the country, U.S. CEO Tim Wennes told Reuters.
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Barratt Redrow, Genuit Group, Munich Re

EUROPE RESEARCH ROUNDUP-Barratt Redrow, Genuit Group, Munich Re Oct 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Barratt Redrow, Genuit Group and Munich Re, on Monday. HIGHLIGHTS * Barratt Redrow Plc BTRW.L : Morgan Stanley raises to overweight from equal-weight * Genuit Group Plc GENG.L : JP Morgan initiates coverage with neutral rating; PT 535p * Intertek ITRK.L : RBC cuts to sector perform from outperform * Munich Re MUVGn.
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Barclays cuts Caixabank and Bankinter on rate sensitivity

BUZZ-Barclays cuts Caixabank and Bankinter on rate sensitivity ** Barclays cuts Spain's Caixabank CABK.MC to "equal-weight" from "overweight" and Bankinter BKT.MC to "underweight" from "equal-weight" as interest rates are expected to decline further ** It lowers Spanish banks net interest income estimates by around -2% on average in 2025 and -1% in
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Spanish stocks - Factors to watch on October 21

UPDATE 1-Spanish stocks - Factors to watch on October 21 Adds entry on Talgo Oct 21 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TALGO TLGO.MC The firm said on Monday it had started negotiations with Sidenor to analyse a possible transaction on the company's share capital.
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Spanish stocks - Factors to watch on October 21

Spanish stocks - Factors to watch on October 21 Oct 21 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: LINEA DIRECTA LDA.MC The company said on Monday its nine-month net result turned to a profit of 40.7 million euros from a loss of 12.5 million euros one year ago.
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Wave energy technology firm CorPower Ocean secures 32 million euros

Wave energy technology firm CorPower Ocean secures 32 million euros LONDON, Oct 16 (Reuters) - CorPower Ocean has secured 32 million euros ($35 million) of funding to support the commercialisation of wave energy technology, the firm said on Wednesday. Some countries are developing wind and tidal energy projects to help reduce emissions and meet climate goals.
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Spanish stocks - Factors to watch on Oct 16

Spanish stocks - Factors to watch on Oct 16 Oct 16 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednes day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: Caixabank CABK.MC Caixabank has signed a strategic agreement with Apple AAPL.O to finance deferred payments made through the Apple Pay platform, Spanish newspaper Expansion reported on Wednesday.
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Santander To Carry Out Early Redemption Of All Outstanding Perpetual Bonds For Nominal Value Of 981 Mln Euros

BRIEF-Santander To Carry Out Early Redemption Of All Outstanding Perpetual Bonds For Nominal Value Of 981 Mln Euros Oct 16 (Reuters) - Banco Santander SA SAN.MC : TO CARRY OUT OPTIONAL EARLY REDEMPTION OF ALL OUTSTANDING CONTINGENT REDEEMABLE PERPETUAL BONDS FOR NOMINAL VALUE OF EUR 981.0 MILLION EARLY REDEMPTION OF ALL OUTSTANDING BONDS WILL BE CA
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Spanish Banks' ECB Borrowing At Around 0.47 Bln Euros In September

BRIEF-Spanish Banks' ECB Borrowing At Around 0.47 Bln Euros In September Oct 14 (Reuters) - Bank of Spain: SPANISH BANKS' ECB BORROWING AT AROUND 0.47 BILLION EUROS IN SEPTEMBER Source text: https://tinyurl.com/mr4987a4 (Gdansk Newsroom)
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Wall Street Journal - Oct 10

PRESS DIGEST-Wall Street Journal - Oct 10 Oct 10 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Hurricane Milton made landfall in Florida on Wednesday, bringing dangerous winds, life-threatening storm surge and heavy rain to a region that was pummeled by Hurricane Helene less than two weeks ago.
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Spanish stocks - Factors to watch on Oct 9

Spanish stocks - Factors to watch on Oct 9 Oct 9 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SANTANDER SAN.MC The bank said on Wednesday it will carry out a total early redemption of covered bonds April 2025 on October 17. nFWN3LK144 ENAGAS ENAG.MC The company said on Tuesday it signed an agreement with Gasunie to develop decarbonisation projects.
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Santander To Carry Out Total Early Redemption Of Covered Bonds April 2025 On Oct 17

BRIEF-Santander To Carry Out Total Early Redemption Of Covered Bonds April 2025 On Oct 17 Oct 9 (Reuters) - Banco Santander SA SAN.MC : TO CARRY OUT ON OCT 17 TOTAL EARLY REDEMPTION OF COVERED BONDS APRIL 2025 Source text for Eikon: ID:nCNM7x4DlZ Further company coverage: SAN.MC (Gdansk Newsroom)
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Spanish energy and water utility Cox to raise $329 million via share listing

UPDATE 1-Spanish energy and water utility Cox to raise $329 million via share listing Adds details, company comments and context MADRID, Oct 7 (Reuters) - Spanish energy and water utility Cox Energy plans to raise 300 million euros ($329 million) through the issue of new shares sold via an initial public offering on the Madrid stock exchange, it said on Monday.
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Spanish energy and water utility Cox to raise $329 mln in IPO

Spanish energy and water utility Cox to raise $329 mln in IPO MADRID, Oct 7 (Reuters) - Spanish energy and water utility Cox Energy plans to raise 300 million euros ($329.04 million) in an initial public offering (IPO) on the Madrid stock exchange, it said on Monday. The IPO is aimed at helping Cox to drive its expansion, having last year acquired debt-laden Spanish engineering and energy group Abengoa , which had borrowed heavily to fund aggressive expansion in clean energy.
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Santander-backed Ebury hires finance veteran Carnegie-Brown ahead of IPO

Santander-backed Ebury hires finance veteran Carnegie-Brown ahead of IPO LONDON, Oct 4 (Reuters) - Santander-backed SAN.MC financial technology company Ebury has hired Lloyd's of London Chair Bruce Carnegie-Brown as its chairman, the company said on Friday, ahead of a potential stock exchange float. Ebury is gearing up for a potential initial public offering as early as next year, although no final decision has been made, a source familiar with the matter said.
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Spanish stocks - Factors to watch on Oct 4

Spanish stocks - Factors to watch on Oct 4 Oct 4 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Fri day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: IBERDROLA IBE.MC Iberdrola's Avangrid said on Thursday it won a $450 million federal capacity contract for Maine Transmission project.
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Spanish stocks - Factors to watch on Oct 1

Spanish stocks - Factors to watch on Oct 1 Oct 1 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tues day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: INDRA IDR.MC Indra said on Monday it plans to start a formal process in order to examine various options related to its unit Minsait Payments.
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Orcel, the dealmaker determined to redraw Europe's banking map

RPT-NEWSMAKER-Orcel, the dealmaker determined to redraw Europe's banking map Repeats Friday's story with no changes to the text Veteran dealmaker Orcel has ambitions for cross-border tie-up Commerzbank's incoming CEO, workers oppose deal with UniCredit Orcel has driven sharp rise in profits, shares at UniCredit Orcel "disciplined" and could still walk away, he says By Valentina Za and Stefania Spezzati MILAN/LONDON, Sept 27 (Reuters) - Upon taking the top job at Italian bank UniCredit CRDI.MI in
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Orcel, the dealmaker determined to redraw Europe's banking map

NEWSMAKER-Orcel, the dealmaker determined to redraw Europe's banking map Veteran dealmaker Orcel has ambitions for cross-border tie-up Commerzbank's incoming CEO, workers oppose deal with UniCredit Orcel has driven sharp rise in profits, shares at UniCredit Orcel "disciplined" and could still walk away, he says Adds bullet points By Valentina Za and Stefania Spezzati MILAN/LONDON, Sept 27 (Reuters) - Upon taking the top job at Italian bank UniCredit CRDI.MI in 2021, Andrea Orcel, a veteran M&A a
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