Banco Santander - Chile ADS (BSAC) News
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BSAC News Highlights
- BSAC's 30 day story count now stands at 10.
- Over the past 21 days, the trend for BSAC's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- The most mentioned tickers in articles about BSAC are SA, APR and DE.
Latest BSAC News From Around the Web
Below are the latest news stories about Banco Santander Chile that investors may wish to consider to help them evaluate BSAC as an investment opportunity.
Banco Santander Brasil SA beat analysts' estimates for quarterly profit on Wednesday, surprising investors who had been more pessimistic about the lender's performance amid a brutal second wave of the pandemic in Brazil. Units in Santander Brasil, comprised of one common share and one preferred share, were up more than 6% in morning trading, at roughly 39.90 reais. Santander set aside 3.161 billion reais in provisions for bad loans, down 7.7% from a year earlier.
European stocks inched higher on Wednesday on expectations of a bumper earnings season following strong results from Deutsche Bank, Lloyds Banking Group and other lenders. The pan-European STOXX 600 index rose 0.1% in early trading, with the region's banking sector up 1.1%. Deutsche Bank jumped 5.2% to the top of Germany's blue-chip DAX as strength at its investment bank helped offset headwinds from restructuring and the pandemic.
MADRID (Reuters) -Santander beat first-quarter forecasts, signalling that the worst of the coronavirus crisis may be over by not adding to provisions for the pandemic and by booking record earnings in the United States. The euro zone's second-biggest lender by market value reported a net profit of 1.608 billion euros ($1.94 billion) versus 331 million a year earlier. Spain's largest bank's results mirrored solid figures from HSBC Holdings.
Santander is overhauling the management of two of its most important European businesses, including starting the search for a chief executive in the UK, as it looks to boost profitability after reporting its strongest quarterly earnings in more than a decade. Nathan Bostock, who has led Santander UK since 2014, will step down around the end of the year to take on a newly created role overseeing the group’s various investment platforms. Much of Bostock’s tenure was marked by falling profits and challenges at the UK business, which was built through a series of acquisitions of former building societies in the 2000s.
(Bloomberg) -- TDR Capital is drawing interest in LeasePlan from ALD SA and Banco Santander SA as it pursues a sale of the European vehicle leasing giant, according to people familiar with the matter.France-listed ALD, majority owned by Societe Generale SA, has been holding talks about a potential merger with LeasePlan, the people said. Spanish banking group Santander is among other potential suitors evaluating the business, the people said, asking not to be identified discussing confidential information.There’s no certainty either ALD or Santander will proceed with formal offers, the people said. Representatives for LeasePlan, Santander, Societe Generale and TDR declined to comment, while a spokesperson for ALD didn’t provide any immediate comment.LeasePlan could be valued at more than...
Banco de Credito e Inversiones (Miami Branch) -- Moody's affirms Bci's A2 rating, changes outlook to positive
Rating Action: Moody's affirms Bci's A2 rating, changes outlook to positiveGlobal Credit Research - 19 Apr 2021New York, April 19, 2021 -- Moody's Investors Service ("Moody's") has today affirmed all of Banco de Crédito e Inversiones's (Bci) ratings and assessments, including its A2 long-term global local and foreign currency deposit and foreign currency senior unsecured ratings. The outlook was changed to positive, from stable.
Haunted by shame: victims of bank transfer scams tell of lasting traumaFraud can have devastating consequences on victims, and not only financially Modern scams are sophisticated, often involving spoof telephone numbers and texts mimicking banks’ security protocols. Photograph: Panther Media GmbH/Alamy
Banco Santander-Chile (BSAC) declares Ch$1.64751729/share annual dividend.Payable April 30; for shareholders of record April 23; ex-div April 22.To be approved in Annual Shareholders’ Meeting to be held on April 29, 2021See BSAC Dividend Scorecard, Yield Chart, & Dividend Growth....
Spanish bank Santander SA's asset management arm is close to launching a new fund that will allow clients to invest in trade finance receivables, according to three sources familiar with the plans. The fund - aimed at institutional and accredited investors - will primarily buy assets created by the banking group's trade finance business in transactions with its large corporate clients, the sources said. Trade and supply chain finance, where lenders pay a company's suppliers on the company's behalf in exchange for a fee and repayment at a later date, has boomed over the past year amid the coronavirus pandemic.
SANTIAGO, Chile, April 07, 2021 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Friday, April 30, 2021 at 11.00 AM (Eastern Time) where we will discuss 1Q 2021 financial results. The Bank's Officers participating in the conference call are: Emiliano Muratore, CFO, Robert Moreno, Manager of Investor Relations and Claudio Soto, Chief Economist. A question and answer session will follow the presentation. The Earnings report will be published on April 30, 2021 before the market opens. The quiet period begins on April 15. To participate, the webcast presentation can be viewed at: https://mm.closir.com/slides?id=720987 Or please dial in using any of the below numbers:United Kingdom +44 203 984 9844 USA +1 718 866 ...