ADVFN - Advanced Financial Network.
HOME» NYSE » B » SAN Stock Price » SAN Stock News

Banco Santander Chile Share News

 Banco Santander Chile (new) Stock Price
SAN Stock Price
 Banco Santander Chile (new) Stock Chart
SAN Stock Chart
 Banco Santander Chile (new) Stock News
SAN Stock News
 Banco Santander Chile (new) Company Information
SAN Company Information
 Banco Santander Chile (new) Stock Trades
SAN Stock Trades

Spanish Banking Stocks Little Changed

MADRID--Spanish banking stocks were mostly unchanged Tuesday in early trade, following steep drops Monday ahead of a widely expected sector downgrade by Moody's Investors Service, amid lingering doubts on the lenders' short-term prospects. At 0720 GMT, most banking stocks fell slightly in Madrid, with only nationalized Bankia SA (BKIA.MC) posting significant losses, down 2.9%. Sector bellwethers like Banco Santander SA (SAN.MC) and Banco Bilbao Vizcaya Argentaria SA (BBVA.MC) were both down under 1%. Moody's overnight lowered its long-term ratings on 28 Spanish banks by one to four notches and lowered two issuer ratings, pointing to the reduced creditworthiness of Spain and expectations that the banks' exposure to commercial real estate will likely cause higher losses. Only seven banks are now above junk territory. Banesto Bolsa, a Spanish brokerage, called the downgrade "the biggest ever blow for Spain's banking sector." Earlier this month, the ratings firm had already lowered Spain's sovereign-debt rating by three notches to Baa3, placing it on the brink of junk territory. Moody's had also said it will keep Spain on review for a possible further downgrade. Among the banks that remain above junk level, Banco Santander was lowered two notches to Baa2, BBVA was lowered three notches to Baa3, Caja Laboral was downgraded one notch to Baa3, Banca March SA and Caja Rural de Navarra S.C.C. were lowered two notches to Baa3. CaixaBank (CABK.MC) was lowered three notches to Baa3. Write to David Roman at david.roman@dowjones.com

Stock News for Banco Santander Chile (SAN)
DateTimeHeadline
11/19/201411:35:14Switzerland's Eurofin in Process of Largely Shutting Down...
11/05/201407:00:08Enel to Float a Further Endesa Stake
10/31/201411:00:10BOE Sets New Capital Standards for Biggest U.K. Banks
10/29/201413:23:00Banco Santander SA 3Q 2014 -- Forecast
10/26/201408:17:07Spain's Liberbank Fails ECB's Stress Test
10/16/201410:32:36Polish Regulator Wants Market Newcomer to Buy GE's Local Bank
10/07/201415:25:48Correction to ECB Questions New Eurozone Banking Loophole Article
10/07/201412:10:06ECB Questions New Eurozone Banking Loophole
09/23/201418:17:35ADR Shares End Lower; AstraZeneca, Shire Shares Trade Actively
09/23/201418:06:22UniCredit CEO Confirms Bank to Enter Talks With Santander
09/23/201418:05:56UniCredit CEO Confirms Bank to Enter Exclusive Talks With Santander
09/22/201418:54:36Minority Borrowers Feel Mortgage Pinch--Update 2
09/18/201418:31:58EUROPE MARKETS: Banks Climb After TLTRO, Siemens Slips: Europe's...
09/18/201418:21:33Fed Takes Action on Santander's U.S. Unit
09/15/201410:25:51Santander's Botin Pledges to Continue Father's Work--Update
09/15/201406:31:37Santander's Botin Pledges to Continue Father's Work
09/11/201410:00:04Ana Botín Will Have to Hit the Ground Running
09/10/201412:42:19EUROPE MARKETS: European Stocks Fall For Fourth Straight Day
09/10/201412:22:20EUROPE MARKETS: Swatch Falls, Kingfisher Climbs: Europe's Big...
09/10/201411:42:11EUROPE MARKETS: Santander Falls; Kingfisher Climbs: Europe's...

Banco Santander Chile and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad