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SAN Banco Santander SA

4.90
0.07 (1.45%)
After Hours
Last Updated: 21:07:00
Delayed by 15 minutes
Name Symbol Market Type
Banco Santander SA NYSE:SAN NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.07 1.45% 4.90 4.90 4.845 4.85 1,656,088 21:07:00

Santander to Buy Indosuez Wealth Management Business in Miami

16/03/2021 12:45pm

Dow Jones News


Banco Santander (NYSE:SAN)
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   By Pietro Lombardi 
 

Banco Santander SA said Tuesday that its private-banking unit will buy $4.3 billion in client assets and liabilities, as well as related staff, from Indosuez Wealth Management, Credit Agricole SA's global wealth management unit.

The deal, expected to close by the first half of the year, is for Indosuez Wealth Management business in Miami.

No financial details were disclosed.

 

Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10

 

(END) Dow Jones Newswires

March 16, 2021 08:30 ET (12:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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