banco santander

Allied Irish Banks agreed to sell its assets in Poland, including its stake in Bank Zachodni WBK SA, to Banco Santander SA, in order to raise capital to meet capital requirements from Irish regulators.

With regulators working hard to line up buyers for failed banks, it's of little surprise that foreign financial companies are entering the fray. Indeed, some of the biggest names in international finance have used acquisitions to establish or expand their presence in the United States. Next up may...

In order to avoid a lawsuit, Banco Santander SA (STD), which ran one of the largest feeder funds for Bernie Madoff investors, agreed to pay $235 million to avoid a lawsuit by Madoff trustee Irving Picard, according to a report in The Wall Street Journal. If the court agrees to the settlement, which...