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City

Santander boss says scrapping UK bankers’ bonus cap ‘good news’ for industry

The boss of Santander has said the scrapping of the UK’s bankers’ bonus cap is good news for the industry, as she welcomed a similar move elsewhere in Europe. Ana Botin, the banking giant’s executive chairwoman, said it “makes a lot of sense” to ...

28 Nov 2023 at 08:38

City

Santander bank cutting more than 1,400 UK jobs

Santander is cutting more than 1,400 jobs across its UK business this year amid ongoing efforts to reduce costs. The Spanish bank’s chief executive officer Hector Grisi confirmed the significant cuts as its UK division delayed the publication ...

30 Oct 2024 at 09:50

City

Santander’s potential UK exit raises concerns despite boss’s pledge to stay put

Santander’s potential exit from the UK could have a major ripple effect on the mortgage market, experts have warned, despite the bank signalling to consumers and staff that it will be staying put. Executive chairman Ana Botin insisted “We ...

22 Jan 2025 at 13:34

City

Santander boss warns of escalating trade tensions after US tariffs

Santander has said it is monitoring the fallout of US tariff announcements and helping its customers through the “volatility” as the financial markets continue to be rocked by President Donald Trump’s plans. The Spanish bank flagged ...

04 Apr 2025 at 11:19

City

Santander UK’s chief to step down ahead of TSB merger

Santander has announced its UK chief executive Mike Regnier will be leaving the bank to hand over the reins ahead of its major merger with TSB. Mr Regnier said he wants to pursue “other interests” so it is the right time to step ...

03 Oct 2025 at 12:04

City

Santander aims for one billion euro boost from AI and wants 30m more customers

Santander has set its sights on a one billion euro (£870 million) boost from investing in artificial intelligence (AI) and data, while it plans to cut costs across the bank for the next three years. The global banking group, ...

25 Feb 2026 at 11:25

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