William Shaw

5 days ago | bloomberg.com | William Shaw |Jorge Zuloaga

Banco Santander SA rechazó una oferta de entre £10.000 millones (US$13.000 millones) y £12.000 millones por su banco minorista en el Reino Unido realizada por NatWest Group Plc este año, según informó el Financial Times. La entidad española consideró que la oferta por Santander UK era demasiado baja y la puja ya no está vigente, según consignó el periódicoBloomberg Terminal, que citó a fuentes no identificadas con conocimiento del asunto.

5 days ago | bloomberg.com | William Shaw |Jorge Zuloaga

A Santander bank branch in central London. (Bloomberg) -- Banco Santander SA rejected a bid worth between £10 billion ($13 billion) and £12 billion for its UK retail bank from NatWest Group Plc earlier this year, according to the Financial Times. The Spanish lender believed the offer for Santander UK was too low and the bid is no longer live, the FT said, citing people familiar with the matter it didn’t identify. Santander has repeatedly said it’s not selling its British business.

1 week ago | bloomberg.com | William Shaw

Digby Jones Photographer: John Keeble/Getty Images(Bloomberg) -- Four directors of Argentex Group Plc have resigned along with the company’s chief financial officer following the currency management firm’s near-collapse last month. Henry Beckwith, Digby Jones, Rina Ladva and Jeff Parker left the board on Friday, the company said in a filing on Monday. Chief Financial Officer Guy Rudolph also quit and will serve a six-month notice period.

1 week ago | bloomberg.com | William Shaw

NatWest has transformed into a mostly domestic lender since a government bailout during the 2008 financial crisis. (Bloomberg) -- NatWest Group Plc shares jumped to the highest level in 14 years after the lender beat estimates in the first quarter and pointed to improving earnings this year, as customers proved resilient to the unfolding strains on the global economy.

2 weeks ago | bloomberg.com | William Shaw

The Barclays headquarters in London. (Bloomberg) -- Barclays Plc’s traders cashed in on the recent market turbulence, helping the bank beat earnings estimates as it upgraded some of its guidance for the year. Stock traders brought in £963 million ($1.3 billion) in the three months through March, up 9% on a year ago and the best quarterly haul in almost three years, the bank said Wednesday.