BANCO SANTANDER SA-SPON ADR (SAN)

Upstart financial firms that provide services like early paycheck access or buy-now, pay-later plans have attracted rising interest from customers and investors alike. Fintechs raised nearly $24 billion globally in the first three quarters of 2024, according to data from CB Insights, and represent a growing competitive threat to traditional banks and asset managers.

(Bloomberg) -- Upstart financial firms that provide services like early paycheck access or buy-now, pay-later plans have attracted rising interest from customers and investors alike. Fintechs raised nearly $24 billion globally in the first three quarters of 2024, according to data from CB Insights, and represent a growing competitive threat to traditional banks and asset managers. Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024“We just have to be better, not

Banco Santander SA is ending its involvement in a custody and asset servicing unit it set up with Credit Agricole SA five years ago.

Banco BTG Pactual SA and Banco Santander Brasil SA are among firms in talks to acquire Julius Baer Group Ltd.’s Brazil unit, according to people familiar with the matter.

Banco Santander SA, one of Europe’s most active sellers of bank risks and assets, is setting a lower bar for next year, as the competition to win investors such as private credit giants Apollo Global Management Inc. and Blackstone Inc. is heating up.

(Bloomberg) -- Banco Santander SA, one of Europe’s most active sellers of bank risks and assets, is setting a lower bar for next year, as the competition to win investors such as private credit giants Apollo Global Management Inc. and Blackstone Inc. is heating up.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousStrong demand for bank assets has created a “blue-sky scenario” that’s likely to enable Spain’s largest bank to move €60 billion ($63 billion) in ri