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The Latest Breaking News from Santander

Federal Reserve Approves Banco Santander Application Affecting U.S. Banking Operations

The Federal Reserve Board has announced its approval of an application filed by Banco Santander, S.A. and its U.S. intermediate holding company, Santander Holdings USA, Inc., according to an official announcement published on the Federal Reserve’s website.

The Free Financial Advisor

5% savings accounts are finally back – here’s where to get the best deals

A 5% interest rate would earn you £500 on a cash pile of £10,000 - yet many still leave money earning nothing in current accounts

The Independent UK

Major UK bank contacts 146,000 customers struggling with energy bills

The bank identified 146,000 vulnerable customers who are likely to be spending over 10% of their monthly income on energy.

The Independent UK

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Santander contacts almost 150,000 customers under strain from energy bills

The bank identified 146,000 vulnerable customers who are likely to be spending over 10% of their monthly income on energy.

Evening Standard

Global Market: European shares slip as tech stocks decline ahead of Alphabet, Tesla earnings

European stocks edged lower on Wednesday as technology shares declined ahead of earnings from Alphabet and Tesla, while investors monitored escalating geopolitical tensions in the Middle East. Energy stocks outperformed on higher oil prices, with markets also reacting to corporate earnings from Santander and Hiab.

The Economic Times

Santander promises not to shut more branches before 2028 amid cost-saving plan

The bank also saw restructuring costs rise as it continued to make savings across the business

The Independent UK

Santander vows not to shut more branches before 2028

The lender has committed to keeping 480 branches until at least 2028, but this follows another 44 closures announced at the start of the year.

Evening Standard

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Holiday scam warning after bank records jump in total customer losses

Common scam tactics include the sale of fake holiday packages; apartment and villa rental scams in the UK and abroad; and requests for deposits.

Evening Standard

The wrong savings account could cost you hundreds in interest - here’s what you need to check

Don’t be afraid to move your money out of ‘your’ bank - challengers often pay more to get you to move

The Independent UK

European Banks Are Outperforming : Can These 3 Keep It Going?

European bank stocks trade at single-digit earnings multiples while posting strong net interest income growth, suggesting the sector remains undervalued.

MarketBeat

Santander’s new savings account will get you 8% interest - here’s what you need to know

You need a current account with the bank to access their regular saver

The Independent UK

‘Gigflation’ costing concert-goers with 212% price surge since 2000, says bank

More than half of people said they enjoy the bands their parents saw when they were younger, Santander UK said.

Evening Standard

Major high street bank launches savings account paying 8% interest

The regular saver account is available to all Santander current account customers

Evening Standard

Santander UK owner reveals plans to cut costs by over £430m under AI strategy

Banco Santander is targeting more than one billion euros (£860 billion) in extra revenues and cost savings from AI between 2026 and 2028

Evening Standard

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The Independent UK

Father’s Day warning issued after £160k stolen this year due to ‘Hi Dad’ impersonation scams

Santander UK is warning parents to be aware of the fraud ahead of Father’s Day on Sunday June 21

Evening Standard

Warning over ‘Hi Dad’ impersonation scams ahead of Father’s Day

Busy parents juggling various priorities are being urged by Santander UK to stay safe.

Fortune

The women running Europe in 2026

Twenty of the leaders celebrated in Fortune’s Most Powerful Women list are from Europe. Their roles reveal where power is concentrated across the continent and what it takes to reach the top of European business.

The Guardian - UK

‘I’m down to one option’: bank customers left frustrated by latest closures

Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street services

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Evening Standard

Treasury launches reforms to ease ring-fencing rules on banks

The move was warmly received by a raft of banks including NatWest and Santander on Monday.

Euronews

European banks show mixed results as HSBC profits dip while UniCredit's rise

HSBC reported a slight contraction in profits while Italy's UniCredit surpassed market expectations as banking institutions navigate a complex landscape defined by geopolitical tensions.

The Independent UK

Santander completes £3bn takeover of TSB in ‘biggest investment in UK banking sector for 15 years’

Spanish-owned Santander said the deal went through on Thursday after recently securing the green light from regulators in the UK and Europe

Evening Standard

Santander completes near £3bn takeover of rival TSB

The deal sees the combined group become the UK’s third biggest bank for current accounts and fourth for mortgages.

Euronews

Deutsche Bank, Santander and UBS profits rise amid market impact from Iran war

Three of Europe’s biggest banks delivered record or above-forecast profits on Wednesday. TotalEnergies posted strong earnings, while Mercedes-Benz turned more cautious as collapsing China sales and geopolitical uncertainty weighed on the outlook.

Evening Standard

Santander UK takes profit hit from further costs of motor finance scandal

The high street lending giant reported pre-tax profits of £202 million for the first quarter, down from £358 million a year ago.

Evening Standard

Path clears for city watchdog to proceed with £9.1bn car finance payout scheme

The Finance and Leasing Association said it had ‘concerns’ about the programme but that it was choosing not to raise a legal challenge.

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