Banco Santander Share Discussion Threads

[bunton] 27/7/2011 11:42

Banco Santander SA (STD) has put listing plans for its U.K. unit on hold until at least next year and flagged that a similar plan for the Argentine unit will be delayed, Chief Executive Alfredo Saenz said Wednesday.

In a conference call, Saenz said Santander is sticking to the "idea" of listing its local units, but the plans are suffering delays due to tough market conditions and regulatory changes.

In the U.K., he said, the regulatory environment remains "very uncertain," and it is not yet clear what the impact of changes in legislation will be.

"We're also a bit behind schedule on the integration of the assets from Royal Bank Of Scotland Group (RBS), and finally it's obvious that the market conditions aren't helping."

Saenz added there were some similar issues for Argentina, "There are elements of uncertainty in markets, and we need to decide in due time when the right moment (for a listing) is."

-By Christopher Bjork; Dow Jones Newswires; [phone]; [e-mail]

[josels] 21/7/2011 19:32

nice upwards trend

[wad collector] 20/7/2011 09:01

Only weakness is that the "Stress Tests" weren't that stressful.But good to be at the top of the pile.

[bunton] 15/7/2011 19:19

Santander and BBVA, outstanding in the stress test

The two big Spanish banks, Santander and BBVA , remain strong in a situation of serious economic deterioration of capital ratios , Tier 1 - 10% and 9.3% respectively . This includes the evolution variable to December 2011 . Moreover, four unions of boxes, plus CajaSur (which was awarded to BBK after being made ​​the test), suspended endurance

[josels] 15/7/2011 12:57

been short
so thanks to the shorter I bought some share cheap

[fubaratbirth] 13/7/2011 16:04

I thought BNC was starting to get where it rightly deserves to be share price wise given its lack of exposure compared to others in the EU, its global assets and profits etc, but wham that was only hell of a spike down on yet again low volume and here we are again back looking up the ladder :( so much for near 800p by July!!

[wad collector] 29/6/2011 13:24

There appears to be a consensus that the Euro is doomed ; it just a matter of when.
I wonder how a Euro based bank would fare if the Euro is dismantled.A bit of an elephant in the room I guess, maybe it is all in the price.

[acamas] 20/6/2011 08:43

PHEW thats better. More like your rogue trade now

[acamas] 20/6/2011 08:35

Did I see that The Directors were under review for suspect share dealing. If it were the Greek effect LLOY and BARC would also be suffering greater than they are today

[wad collector] 17/6/2011 12:40

Enough waiting - for the first time in 3 yrs I just bought a chunk at 685.Sure , there is uncertainty , but I think largely discounted.Time will tell , but I think a good chance of, say ,20% gain over next few months.£8 is not implausible.

[gbb483] 02/6/2011 10:20

They go ex-div and pay on the same day - 4 times a year - 1/2, 1/5, 1/8 and 1/11

[call-logger] 01/6/2011 05:29

I expect both will be around 1st August but you'll have to watch for the RNSs for more exact details

[manners2] 31/5/2011 10:12

can someone tell me when the stock goes ex-div next and the payment date?

[fubaratbirth] 24/5/2011 18:22

thats the problem!!! When I spoke with one of the directors at the presentation at Glamis recently I discussed the issue of Spain and Portugal. He said P now has little impact on BNC and only accounts for less than 4% of its revenue so should have little impact on them, likewise they have diversified so much elsewhere that even Spain shouldnt have an impact with the measures they have already taken putting money aside etc. But like its said, despite that the MMs will play with this share as peeps dont know this in general and just see BNC as another Spanish bank likely to take a pelting due to the DOGS of EU.

[gbb483] 24/5/2011 13:05

Its not us you have to convince.

[mrwhits1] 24/5/2011 11:37

but they have other fingers in pies, look at their UK setup for instance.

its not all in spain!

Regards

[gbb483] 24/5/2011 11:03

Given the financial problems in Spain and the fact that it appears that Greece is not able to survive despite the huge amounts of the help they've had, I guess BNC are not standing on very solid ground.

[fubaratbirth] 11/5/2011 20:36

Hi Holler, I got your message and it was pretty much what I was looking to ask as well. In the end it was more just a PR exercise although quite nice to sip champagne and eat canopies at Glamis Castle and get a private tour albeit I have been there many times. Anyway basically it was just a short presentation of the many points released by BNC in their recent half yearly results. I did manage to corner one of the spanish directors later and put your question to him. I have to say he wasn't much help and a bit contradictory. Initially in the presentation they said one of their strengths was the fact that they were diversified across the world so able to absorb any major effects on an economy such as the eurozone at present. When I asked why then they were thinking of splitting the UK arm into its own company he said nothing had been decided yet and that they would be looking at it later this year and would make a decision then to see if it was worthwhile but at present their was no plans. He said it could pose an opportunity for the UK side to grow more strongly however he then contradicted himself by again reiterating the point about BNC at present being well placed to spread risk given the world wide exposure it has which was my point if we go UK alone, surely then we expose ourselves to risk should anything happen again in the UK and/or Eurozone!! So no further forward I'm afraid, it looks like a case of wait and see what they come up with in latter part of this year.
SP down again which is disappointing after such good results and dividend paid. Just got to hope it turns eventually but at least the Divi's are very good at the mo.
Fubs ;)

[acamas] 07/5/2011 08:51

Well divi paid 20.23p

[gbb483] 03/5/2011 22:04

FUBARatBIRTH - if you're going to Glamis, ask them if the 'workmen sealed into the walls' as related by their tour guides was really the deformed Thomas Bowes-Lyon (it REALLY bugs them).

[hollerich1] 02/5/2011 14:42

FUBARatBIRTH- sorry i have only just got back from an early holiday hence the reason why i have not been on board, i hope you get this before the dinner, my question will be why does BNC wants to list santander uk,what value will it bring to bnc UK. for i personally will prefer to leave the whole group listed as one for there is more value in that.