Banking News Daily




The World Facts

Oct, 22 The price of the oil basket (OPEC) fell to $60 a barrel.

Oct, 17 World oil prices fell below $70 a barrel.

Oct, 6 The capitalization of the world stock exchanges fell by 2.5 trillion dollars.


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Banco Santander


Banco SantanderBanco Santander is the largest bank in Spain, which originated in Santander. As of June 2008, it is the second largest bank in Europe in terms of market capitalization (behind HSBC), and also has numerous operations in Latin America. It has rebranded most of the subsidiaries it has acquired to Santander.

Headquarters:Santander, Spain
Leadership:Emilio Botin, President
Founded:1857
Website:www.bsantander.com
World Banks


Business and Financial News

Lenders reject five million credit applications - 17.10.2008
Almost 5 million applications from people seeking new credit cards or a personal loan were rejected over the last six months by lenders squeezed by the credit crisis.
 
Standard Chartered expands private bank in China - 14.10.2008
Standard Chartered has become the latest bank to beef up its China private banking operations after getting the green light to open offices in four new cities.
 
Banks want political lead, rate cuts for crisis - 07.10.2008
Western governments and central banks faced demands for coordinated action on Tuesday after Australia responded to the escalating global financial crisis by cutting its interest rates sharply.
 
Wells Fargo to buy Wachovia for $15.1 billion - 05.10.2008
Wells Fargo said Friday that it would merge with Wachovia - including the troubled Charlotte bank's banking operations - in a $15.1 billion all-stock merger.

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