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Big banks in Britain eyed by watchdog over low saving rates

Big banks in Britain eyed by watchdog over low saving rates LONDON, Sept 18 (Reuters) - The largest banks in Britain are paying below-average interest rates for some savings accounts and face regulatory action if they fail to offer better value, the Financial Conduct Authority (FCA) warned on Wednesday. The FCA, which last year launched a review of the cash savings market, said it had worked with Lloyds LLOY.L , HSBC HSBA.L , NatWest NWG.L , Santander UK SAN.MC , Barclays BARC.L , Nationwide Bui
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Spanish Banks' ECB Borrowing At Around 0.54 Bln Euros In August

BRIEF-Spanish Banks' ECB Borrowing At Around 0.54 Bln Euros In August Sept 13 (Reuters) - Bank of Spain: SPANISH BANKS' ECB BORROWING AT AROUND 0.54 BILLION EUROS IN AUGUST Source text: https://tinyurl.com/2s45ux88 (Gdansk Newsroom)
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Angel, Seadrill, EQT, DSV, RTX, Nippon Steel, Peninsula; Updates UniCredit Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1955 GMT on Wednesday: ** Angel Studios said on Wednesday it would go public in the U.S. via a merger with blank-check firm Southport Acquisition Corp in a deal valued at $1.6 billion.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds BlackRock, Dyna-Mac; Updates UniCredit Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** A BlackRock-managed fund BLK.N has bought a minority stake in a pipeline linking Saudi Arabia and Bahrain from Bahrain state oil firm Bapco Energies, the two firms said, as the small Gulf state tries to extract value from its energy assets.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro 1COV.DE for about 14.4 billion euros ($15.90 billion) including debt, the Financial Times reported.
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Spanish stocks - Factors to watch on Sept 11

UPDATE 1-Spanish stocks - Factors to watch on Sept 11 Adds Santander Sept 11 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: INDITEX ITX.MC Zara owner Inditex reported a 10% rise in first-half profit as sales increased 7.2%, at a slower pace than last year but in line with analysts' expectations of tougher times for fashion retailers in Europe, partly
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Spanish stocks - Factors to watch on Sept 11

UPDATE 1-Spanish stocks - Factors to watch on Sept 11 Adds one item on Santander Sept 11 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: INDITEX ITX.MC Zara owner Inditex reported a 10% rise in first-half profit as sales increased 7.2%, at a slower pace than last year but in line with analysts' expectations of tougher times for fashion retailers in Eu
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Spanish stocks - Factors to watch on Sept 11

Spanish stocks - Factors to watch on Sept 11 Sept 11 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: INDITEX ITX.MC Zara owner Inditex reported a 10% rise in first-half profit as sales increased 7.2%, at a slower pace than last year but in line with analysts' expectations of tougher times for fashion retailers in Europe, partly due to wetter-than-expe
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Banco Santander sells about 5.2% stake in Polish unit for $635 mln

Banco Santander sells about 5.2% stake in Polish unit for $635 mln Sept 11 (Reuters) - Spain's Banco Santander SAN.MC has sold 5.3 million shares in its Polish unit, Santander Bank Polska SPL1.WA , for about 2.46 billion zlotys gross ($635.43 million), the bank said late on Tuesday. The shares represent about 5.2% of Santander Bank Polska share capital.
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Trina Solar Secures €150 Mln Credit Facility To Support IPP Transition

BRIEF-Trina Solar Secures €150 Mln Credit Facility To Support IPP Transition Sept 10 (Reuters) - Trina Solar Co Ltd 688599.SS : TRINA SOLAR SECURES €150 MILLION CREDIT FACILITY TO SUPPORT IPP TRANSITION Source text for Eikon: ID:nCNWnX5Zqa Further company coverage: 688599.SS
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Banco Santander - Pricing Of Accelerated Placement Of 5.32 Million Ordinary Shares Of Its Unit Santander Bank Polska

BRIEF-Banco Santander - Pricing Of Accelerated Placement Of 5.32 Million Ordinary Shares Of Its Unit Santander Bank Polska Sept 10 (Reuters) - Banco Santander SA SAN.MC : BANCO SANTANDER - PRICING OF ACCELERATED PLACEMENT OF 5.32 MILLION ORDINARY SHARES OF ITS UNIT SANTANDER BANK POLSKA BANCO SANTANDER - ACCELERATED PLACEMENT REPRESENTING C. 5.2% O
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A decade on, Botin's redesign of Santander empire her family built is incomplete

FOCUS-A decade on, Botin's redesign of Santander empire her family built is incomplete Repeats without changes Spain's Ana Botin started as executive chair in Sept 2014 Botin family has run Santander for generations Santander shares down more than rivals under Botin But her revamp of bank far from finished, sources say By Jesús Aguado and Tommy Reggiori Wilkes MADRID/LONDON, Sept 10 (Reuters) - Spanish banker Ana Botin set about transforming Santander SAN.MC , a sprawling, acquisition-obsessed
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NOVO BANCO COULD BE VALUED AT AROUND 5 BLN EUROS, SOURCES SAY

Lone Star considers sale of Portugal's Novo Banco as well as IPO, sources say By Sergio Goncalves and Elisa Martinuzzi LISBON, Sept 9 (Reuters) - U.S. private equity firm Lone Star is considering a sale as well as an initial public offering of Novo Banco , Portugal's fourth-largest bank, three sources with knowledge of the matter said, potentially prompting more European banking consolidation.
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Santander appoints digital banking specialist to lead Spanish business

UPDATE 1-Santander appoints digital banking specialist to lead Spanish business Adds detail from paragraph 2 MADRID, Sept 6 (Reuters) - Santander SAN.MC has appointed former ING INGA.AS executive Ignacio Julia to take over as chief executive of its Spanish business to advance the bank's digital drive. Julia, who will replace Angel Rivera on Oct. 1, played a key role in ING's development as the first digital bank in Spain and will help Santander with the implementation of global platforms.
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Santander appoints new CEO of its Spanish unit

Santander appoints new CEO of its Spanish unit MADRID, Sept 6 (Reuters) - Santander SAN.MC , Spain's largest bank, said on Friday it would appoint Ignacio Julia, a former ING Groep INGA.AS executive in Spain and Portugal, as the new chief executive officer of its Spanish unit. Julia will replace current CEO Angel Rivera on Oct. 1. Reporting by Inti
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Santander Appoints Ignacio Julia As New CEO Of Santander Spain

BRIEF-Santander Appoints Ignacio Julia As New CEO Of Santander Spain Sept 6 (Reuters) - Banco Santander SA SAN.MC : APPOINTS IGNACIO JULIA AS NEW CEO OF SANTANDER SPAIN JULIA WILL TAKE OVER FROM ANGEL RIVERA AS OF OCTOBER 1 Further company coverage: SAN.MC (Gdansk Newsroom)
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Spanish stocks - Factors to watch on Sept 5

Spanish stocks - Factors to watch on Sept 5 Sept 5 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SANTANDER SAN.MC Santander said on Wednesday it will become the official retail banking partner of Formula 1 in multi-year deal, starting in 2025. SACYR SCYR.MC Sacyr will start the execution of a capital increase charged to reserves on September 27th, th
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Why this US jobs report is especially key

LIVE MARKETS-Why this US jobs report is especially key Dow, S&P 500 down slightly; Nasdaq flat Utilities biggest S&P 500 sector gainer; energy leads decliners STOXX 600 down ~1% Dollar, oil prices down; gold up; bitcoin flat U.S. 10-yr Treasury yield down ~3.78% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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European banks: Are tailwinds about to fade?

LIVE MARKETS-European banks: Are tailwinds about to fade? Major U.S. stock indexes modestly green; Nasdaq up ~0.1% Utilities biggest S&P 500 sector gainer; energy leads decliners STOXX 600 down ~1.3% Dollar, oil prices down; gold, bitcoin slightly up U.S. 10-yr Treasury yield down ~3.78% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Santander To Become Official Retail Banking Partner Of Formula 1 From 2025

BRIEF-Santander To Become Official Retail Banking Partner Of Formula 1 From 2025 Sept 4 (Reuters) - Banco Santander SA SAN.MC : TO BECOME OFFICIAL RETAIL BANKING PARTNER OF FORMULA 1 IN MULTI-YEAR DEAL STARTING IN 2025 Further company coverage: SAN.MC (Gdansk Newsroom)
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