Banco Santander SA http://www.alacrastore.com/company-snapshot/Banco_Santander_SA-1001680 Saturday, September 06, 2008 7:52:49 PM 1001680 Banco Santander SA en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/cs/73453cs/73453norm European Banks: The AFS Impact On Capital First half earnings reports revealed that many European banks now have negative available-for-sale reserves This reduces balance sheet equity, but how much it affects regulatory capital varies...150We look at the impact of unrealised losses on available-for-sale securities on European banks' Tier 1 ratios734532291YesD0Article3583563593771199807corp186424146358/20/2008 10:05:00 PM73453Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/73108cs/73108norm Santander #Q## Tearsheet Santander's strong earnings provided reassurance that the group was little-exposed to credit market turmoil. However, profitability is likely to experience some pressure from slow growth and asset quality downturn...73108668YesC21Tearsheet1199tearsheetstearsheets/premium358/18/2008 4:05:52 PM15073108Credit & Investment ResearchCreditSightsUS - Santander Central Hispano SA acquired RoadLoans, a North Richland Hills-based provider of financing services, from Triad Financial Corp.8/13/2008 10:43:52 AM80279W76979R05964H89581FSantander Central Hispano SARoadLoansBanco Santander SATriad Financial Corphttp://www.alacrastore.com/storecontent/Thomson_M%26A/Santander_Central_Hispano_SA_acquires_RoadLoans_from_Triad_Financial_Corp-2003784020sdc/20037840202003784020Copyright © 2008, Thomson Financial, All Rights ReservedMadridCommercial Banks, Bank Holding CompaniesSpainBanks6000FFForeignPublicSAN6000:Banks6141:Personal credit institutions6153:Short-term business credit institutions6162:Mortgage bankers and loan correspondents6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6712:Offices of bank holding companies6000:Banks6141:Personal credit institutions6153:Short-term business credit institutions6162:Mortgage bankers and loan correspondents6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6712:Offices of bank holding companiesCredit InstitutionsUnited StatesPersonal credit institutions6141TXTexasSubsidiary557003Bank (foreign)Pvd auto financiing svcsUnspecifiedStock1034238001Aug 13 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000EUR30 Jun 080.000001.3904014336.489000.00000131720.773001429724.02000EURO0.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.0000032.0000033.0000034.0000035.0000036.0000037.0000038.0000039.0000040.00000Santander Central Hispano SA,headquartered in Santander,Spain, provides financialservices to individuals,companies, and institutions.The company's products for theindividual customers includebanking, investmentmanagement, and mortgage. Italso offers private bankingservices like tax planning andinvestment advice. Santanderoffers a range of corporateservices in the areas offinancing, management offinancial risks, mergers &acquisitions, stock marketflotations, analysis,securities depository,treasury management andcustody services. Santanderoperates in three geographicalareas. The majority of itsoperations are in ContinentalEurope, where the maininstitutions are Santander,Banesto, Banif, SantanderConsumer Finance and SantanderTotta. The company alsooperates in the United Kingdomwhere its Abbey subsidiary islocated. In Latin America,Santander's principalbusinesses are in Brazil,Mexico, Chile, Argentina,Puerto Rico, Venezuela andColombia. Banco Santander wasestablished on May 15, 1857via a royal decree signed byQueen Isabel II.Santander Central Hispano SA, headquartered in Santander,Spain, provides financial services to individuals,companies, and institutions. The company's products for theindividual customers include banking, investment management,and mortgage. It also offers private banking services liketax planning and investment advice. Santander offers a rangeof corporate services in the areas of financing, managementof financial risks, mergers & acquisitions, stock marketflotations, analysis, securities depository, treasurymanagement and custody services. Santander operates in threegeographical areas. The majority of its operations are inContinental Europe, where the main institutions areSantander, Banesto, Banif, Santander Consumer Finance andSantander Totta. The company also operates in the UnitedKingdom where its Abbey subsidiary is located. In LatinAmerica, Santander's principal businesses are in Brazil,Mexico, Chile, Argentina, Puerto Rico, Venezuela andColombia. Banco Santander was established on May 15, 1857via a royal decree signed by Queen Isabel II.Santander Central Hispano SA, headquartered in Santander, Spain, provides financial services to individuals, companies, and institutions. The company's products for the individual customers include banking, investment management, and mortgage. It also offers private banking services like tax planning and investment advice. Santander offers a range of corporate services in the areas of financing, management of financial risks, mergers & acquisitions, stock market flotations, analysis, securities depository, treasury management and custody services. Santander operates in three geographical areas. The majority of its operations are in Continental Europe, where the main institutions are Santander, Banesto, Banif, Santander Consumer Finance and Santander Totta. The company also operates in the United Kingdom where its Abbey subsidiary is located. In Latin America, Santander's principal businesses are in Brazil, Mexico, Chile, Argentina, Puerto Rico, Venezuela and Colombia. Banco Santander was established on May 15, 1857 via a royal decree signed by Queen Isabel II.1.000002.000003.00000RoadLoans, located in NorthRichland Hills, Texas,provides financing services.RoadLoans, located in North Richland Hills, Texas, providesfinancing services.RoadLoans, located in North Richland Hills, Texas, provides financing services.0.000000.000000.000000.00000Y11 Aug 08Mon, 11 Aug 2008 00:00:00 ESTDate Announced: 08/11/200811 Aug 08Date Effective: 08/11/200811 Aug 08MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.00000US - Santander Central HispanoSA acquired RoadLoans, a NorthRichland Hills-based providerof financing services, fromTriad Financial Corp.US - Santander Central Hispano SA acquired RoadLoans, a North Richland Hills-based provider of financing services, from Triad Financial Corp.US - Santander Central Hispano SA acquired RoadLoans, a North Richland Hills-basedprovider of financing services, from Triad Financial Corp.US - Santander Central Hispano SA acquired RoadLoans, a North Richland Hills-based provider of financing services, from Triad Financial Corp.US - Santander Central Hispano SA acquired RoadLoans, a North Richland Hills-based provider of financing services, from Triad FinancialCorp.Completed55752.635009099.3670083603.14800907445.551000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006141:Personal credit institutions6153:Short-term business credit institutions6159:Misc business credit557004MadridSpain6000ForeignPublicSAN6159:Misc business credit399332004United States6159CaliforniaPrivate0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & AcquisitionsSPAIN - MoneyGram International Inc of the US acquired Cambios Sol SA, a Madrid-based provider of money transferring services, from Banco Espanol de Credito SA, a unit of Banco Santander SA.8/6/2008 9:47:17 AM60935Y13199K60935Y05964HMoneyGram International IncCambios Sol SAMoneyGram International IncBanco Santander SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/MoneyGram_International_Inc_acquires_Cambios_Sol_SA_from_Banco_Santander_SA-2001605040sdc/20016050402001605040Copyright © 2008, Thomson Financial, All Rights ReservedNew YorkOther FinancialUnited StatesFunctions related to depository banking, nec6099MNMinnesotaPublicMGI6099:Functions related to depository banking, nec7374:Data processing services7375:Information retrieval services6099:Functions related to depository banking, nec7374:Data processing services7375:Information retrieval servicesCredit InstitutionsSpainShort-term business credit institutions6153FFForeignSubsidiary116385004Pvd money transfer svcsBank (foreign)UnspecifiedAssets849444002Aug 6 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000US31 Mar 080.00000-1462.691000.00000-134.588007827.35500U.S. Dollar0.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.00000MoneyGram International Inc,located in St. Louis Park,Minnesota, provides moneytransfer services via itsretail group, includingTravelers Express. The companyoffers many benefits,including more than 65 yearsof financial servicesexpertise, straight-throughpayment processing, andopportunities to generatenon-interest fee income andimprove operationalefficiencies, accredited ACHProfessionals and flexible andsecure front-end and back-endsystems. The company wasfounded in 1940.MoneyGram International Inc, located in St. Louis Park,Minnesota, provides money transfer services via its retailgroup, including Travelers Express. The company offers manybenefits, including more than 65 years of financial servicesexpertise, straight-through payment processing, andopportunities to generate non-interest fee income andimprove operational efficiencies, accredited ACHProfessionals and flexible and secure front-end and back-endsystems. The company was founded in 1940.MoneyGram International Inc, located in St. Louis Park, Minnesota, provides money transfer services via its retail group, including Travelers Express. The company offers many benefits, including more than 65 years of financial services expertise, straight-through payment processing, and opportunities to generate non-interest fee income and improve operational efficiencies, accredited ACH Professionals and flexible and secure front-end and back-end systems. The company was founded in 1940.1.000002.000003.000004.00000Cambios Sol SA, located inMadrid, Spain, provides moneytransferring services. Thecompany was founded in 1989.Cambios Sol SA, located in Madrid, Spain, provides moneytransferring services. The company was founded in 1989.Cambios Sol SA, located in Madrid, Spain, provides money transferring services. The company was founded in 1989.0.000000.000000.000000.00000YEURO04 Aug 08Mon, 04 Aug 2008 00:00:00 ESTDate Announced: 08/04/200804 Aug 08Date Effective: 08/04/200804 Aug 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.000000 EURO0.000000.000000 EURO0.00000100.00000100.000000.000000.000000.000000 EURO1.55700N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.0000081.772000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000SPAIN - MoneyGramInternational Inc of the USacquired Cambios Sol SA, aMadrid-based provider of moneytransferring services, fromBanco Espanol de Credito SA, aunit of Banco Santander SA.SPAIN - MoneyGram International Inc of the US acquired Cambios Sol SA, a Madrid-based provider of money transferring services, from Banco Espanol de Credito SA, a unit of Banco Santander SA.SPAIN - MoneyGram International Inc of the US acquired Cambios Sol SA, a Madrid-basedprovider of money transferring services, from Banco Espanol de Credito SA, a unit of BancoSantander SA.SPAIN - MoneyGram International Inc of the US acquired Cambios Sol SA, a Madrid-based provider of money transferring services, from Banco Espanol de Credito SA, a unit of Banco Santander SA.SPAIN - MoneyGram International Inc of the US acquired Cambios Sol SA, a Madrid-based provider of money transferring services, from BancoEspanol de Credito SA, a unit of Banco Santander SA.Completed-847.02500-1462.69100-134.588007827.355000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006153:Short-term business credit institutions116385004New YorkUnited States6099MinnesotaPublicMGI6000:Banks6141:Personal credit institutions6153:Short-term business credit institutions6162:Mortgage bankers and loan correspondents6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6712:Offices of bank holding companies557004MadridSpain6000ForeignPublicSAN0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/cs/72643cs/72643norm Euro Financial Movers: Summertime Blues The earnings season has not really provided negative surprises so far, but equally it has failed to allay fears about what lies ahead in #H## As the financial markets crisis extends into the...6553553868/4/2008 7:42:47 AM150The market struggles for direction as 1H08 earnings provide few clues about second half trends19243563591939178717892010388726431316YesD0Article11991664367corp186478161009540354660Financial Movers72643Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/72376cs/72376norm BBVA and Santander: #Q## Asset Quality Spain's two major banks reported domestic asset quality trends along the same lines as those of the second-tier commercial banks we looked at last week The net impact on earnings was more moderate,...723761227YesD0Article1199655corp1863567Earnings Reports - Financials7/29/2008 11:07:12 PM150Focussing in on asset quality numbers for the top-tier Spanish banks, which have followed the trends set by the second-tier within their domestic operations, but benefited from international diversification that dilutes the earnings impact72376Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/T1909741ccbn/T1909741norm... - Santander Central Hispano - CEOGood morning. We're going to begin the presentation of the second quarter's results -- the first semester's results ####. And we're going to divide the presentation into three parts, as usual. First, I will speak about the Group's main aspects during this first half of ####. In the second half, Mr. Jose Antonio Alvarez will present the figures for each of the business areas. And, finally, I will briefly sum up our conclusions for the semester and our outlook of the coming quarters. The first point I'd like to stress is the fact that, in the current economic environment, which is a difficult environment of economic deceleration, nevertheless, the Group has once again demonstrated its ability to obtain earnings with new record profits of EUR#.###b, a little bit -- ##% more than the ordinary recurrent profit of the same period last year. And I'd like to underscore the recurrence and the solidity of the Group's profits quarter after quarter. In fact, Santander... 7/29/2008 1:06:00 PMSantander Central Hispano54.0000FinalH1 2008 Santander Central Hispano Earnings Conference Call TranscriptSTD10:00am CETTranscriptT1909741Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/cs/72265cs/72265norm Euro Financial Movers: Changing From Crunch To Grind Fears over structured credit market write-downs are starting to abate, thanks to Credit Suisse, but an old-fashioned grind through asset quality problems is already taking over, as...407/28/2008 12:06:00 AM150The new-fangled crunch in structured credit may be abating for those without big monoline exposures, but a grind through old-fashioned credit and equity slumps is already starting, as we saw in Spain and the insurance sector last week.722651328YesD0Article6201143357373370360356517128612046553761664119921622161corp193419278711861643572265Credit & Investment ResearchCreditSightsSPAIN - Banco Santander SA was rumored to be seeking a buyer for Santander Seguros y Reaseguros Cia Aseguradora SA, a Madrid-based insurance company. Axa SA, Aviva PLC, and Zurich Financial Services AG were named potential buyers.7/23/2008 11:21:03 AM81572I80285Y81572I05964HSeeking BuyerSantander Seguros y Reaseguros Cia Aseguradora SASeeking BuyerBanco Santander SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Seeking_Buyer_is_rumored_to_be_planning_to_acquire_Santander_Seguros_y_Reaseguros_from_Banco_Santander_SA-1997667040sdc/19976670401997667040Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesUnknownInvestors, nec6799UNUnknownPrivate6799:Investors, nec6799:Investors, necInsuranceSpainLife insurance6311FFForeignSubsidiary12029001Seeking buyerBank (foreign)Not ApplicableAssets994830001Jul 23 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.00000Seeking buyerSeeking buyerSeeking buyer1.000002.000003.000004.00000Santander Seguros y ReasegurosCia Aseguradora SA, based inMadrid, Spain, is an insurancecompany.Santander Seguros y Reaseguros Cia Aseguradora SA, based inMadrid, Spain, is an insurance company.Santander Seguros y Reaseguros Cia Aseguradora SA, based in Madrid, Spain, is an insurance company.0.000000.000000.000000.00000N21 Jul 08Mon, 21 Jul 2008 00:00:00 ESTDate Announced: 07/21/2008Date Effective:Acq. of AssetsNot Appl.0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000SPAIN - Banco Santander SA wasrumored to be seeking a buyerfor Santander Seguros yReaseguros Cia Aseguradora SA,a Madrid-based insurancecompany. Axa SA, Aviva PLC,and Zurich Financial ServicesAG were named potentialbuyers.SPAIN - Banco Santander SA was rumored to be seeking a buyer for Santander Seguros y Reaseguros Cia Aseguradora SA, a Madrid-based insurance company. Axa SA, Aviva PLC, and Zurich Financial Services AG were named potential buyers.SPAIN - Banco Santander SA was rumored to be seeking a buyer for Santander Seguros yReaseguros Cia Aseguradora SA, a Madrid-based insurance company. Axa SA, Aviva PLC, andZurich Financial Services AG were named potential buyers.SPAIN - Banco Santander SA was rumored to be seeking a buyer for Santander Seguros y Reaseguros Cia Aseguradora SA, a Madrid-based insurance company. Axa SA, Aviva PLC, and Zurich Financial ServicesAG were named potential buyers.SPAIN - Banco Santander SA was rumored to be seeking a buyer for Santander Seguros y Reaseguros Cia Aseguradora SA, a Madrid-basedinsurance company. Axa SA, Aviva PLC, and Zurich Financial Services AG were named potential buyers.Rumor0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Rumor-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance12029001Unknown6799UnknownPrivate6000:Banks6141:Personal credit institutions6153:Short-term business credit institutions6162:Mortgage bankers and loan correspondents6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6712:Offices of bank holding companies557004MadridSpain6000ForeignPublicSAN0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/cs/71905cs/71905norm Euro Financial Movers: Playing Follow-My-Leader Bank and insurance stocks in Europe were well up on the week Most banks were caught up in the positive momentum from the US, rather than reporting any very positive news of their own...719051170YesD0Article7979753666093563593711398212935536565535712241199corp1924193727810018635407/21/2008 12:07:05 AM150Positive momentum from the US pulled many European financials along with it. As earnings season picks up, the Europeans could start setting more of their own agenda. Asset quality data from Spain will be worth watching.71905Credit & Investment ResearchCreditSightsSPAIN - In July ####, Banco Santander SA announced that its was seeking a buyer for its Asset Management Division, a Boadilla Del Monte-based provider of asset management services.7/19/2008 1:16:58 PM81572I80285Z81572I05964HSeeking BuyerBanco Santander SA- Asset Management DivisionSeeking BuyerBanco Santander SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Banco_Santander_SA_seeking_buyer_for_Santander_Asset_Management-1996837040sdc/19968370401996837040Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesUnknownInvestors, nec6799UNUnknownPrivate6799:Investors, nec6799:Investors, necInvestment & Commodity Firms,Dealers,ExchangesSpainInvestment advice6282FFForeignSubsidiary12029001Seeking buyerBank (foreign)Not ApplicableAssets1029504001Jul 19 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.00000Seeking buyerSeeking buyerSeeking buyer1.000002.000003.000004.000005.00000The asset management divisionof Banco Santander SA, locatedin Boadilla Del Monte, Spain,is a provider of assetmanagement services.The asset management division of Banco Santander SA, locatedin Boadilla Del Monte, Spain, is a provider of assetmanagement services.The asset management division of Banco Santander SA, located in Boadilla Del Monte, Spain, is a provider of asset management services.0.000000.000000.000000.00000N17 Jul 08Thu, 17 Jul 2008 00:00:00 ESTDate Announced: 07/17/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000SPAIN - In July 2008, BancoSantander SA announced thatits was seeking a buyer forits Asset Management Division,a Boadilla Del Monte-basedprovider of asset managementservices.SPAIN - In July 2008, Banco Santander SA announced that its was seeking a buyer for its Asset Management Division, a Boadilla Del Monte-based provider of asset management services.SPAIN - In July 2008, Banco Santander SA announced that its was seeking a buyer for itsAsset Management Division, a Boadilla Del Monte-based provider of asset managementservices.SPAIN - In July 2008, Banco Santander SA announced that its was seeking a buyer for its Asset Management Division, a Boadilla Del Monte-based provider of asset management services.SPAIN - In July 2008, Banco Santander SA announced that its was seeking a buyer for its Asset Management Division, a Boadilla DelMonte-based provider of asset management services.S Buyer0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:S Buyer-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006282:Investment advice6722:Management investment offices, open-end6726:Investment offices, nec6799:Investors, nec12029001Unknown6799UnknownPrivate6000:Banks6141:Personal credit institutions6153:Short-term business credit institutions6162:Mortgage bankers and loan correspondents6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6712:Offices of bank holding companies557004MadridSpain6000ForeignPublicSAN0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/580897spcred/580897normThe latest Research Update from S&Ppubfinglobalstructured7/18/2008 3:05:00 AM175Research Update580897SpainDiversified BanksAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesPublic FinanceGlobal IssuersStructured FinanceResidential MBSCommercial MBSInsuranceFinancial InstitutionsCorporationsUtilitiesAsset-Backed SecuritiesCollateralized Debt ObligationsAsset-Backed Commercial PaperResearch UpdateOn May 29, 2007, Standard&Poor's Ratings Services affirmed its 'AA' long-term and 'A-1+' short-term counterparty credit ratings on Spain's largest bank, Banco Santander Central Hispano, S.A. (Santander). At the same time, the ratings were affirmed on Santander's subsidiaries, including Spain-based Banco Español de Crédito, S.A. and Santander Consumer Finance, S.A.; Portugal-based Santander Totta SGPS and Banco Santander Totta, S.A.; and U.K.-based Abbey National PLC. The outlook on all entities is stable. The affirmation follows the announced bid for ABN AMRO Bank N.V. (AA-/Watch Pos/A-1+) from the consortium of banks led by Royal Bank of Scotland Group PLC (AA-/Stable/A-1+), which also includes Fortis Group (the banking division Fortis Bank is rated AA-/Stable/A-1+), and Santander. The acquisition of ABN AMRO'sESP05964HE1979840101010 401010 4010 40Banco Santander S.A.113544ASIAEMERGINGEUROMIDAFRLATAMERICAUSASAN@SMRESUPDESPGBRPRTNLD00077Q00078U00292005966EN0264D00077D00077T00079F00279K059581N0264AN0264LN0265SN026EV00080Q00279RE20930E8686CN002A3N02636X0480E00078J0007W000083GG0016ZN0260140202010 402020 4020 4040203010 402030 4020 4040101010 401010 4010 40ABN AMRO Bank N.V.Abbey National PLCBanco Espanol de Credito, S.A.Santander Consumer Finance, S.A.Santander Totta SGPSBanco Santander Totta, S.A.102647114331116818371409384579384585EMERGINGEUROMIDAFRPACASIALATAMERICAUSA1054Z@NAANL@LNBTO@SMBTA@PLPUBFINGLOBISSSTRUCRMBSCMBSINSFICORPUTILABSCDOABCPCredit & Investment ResearchS&P Credit ResearchUK - Banco Santander SA (BC) of Spain agreed to launch a tender offer to acquire the entire ordinary share capital of Alliance & Leicester PLC (AL), a Leicester-based bank, in a stock swap transaction valued at #.### bil British pounds (#.### bil euros/$#.### bil US), via a scheme of arrangement. BC offered #.### new ordinary shares per AL share. Based on BC's closing stock price of #.### pounds (##.## euros/$##.###) on July ##, the last full trading day prior to the announcement, each AL share was valued at # pounds (#.## euros/$#.###). BC received irrevocable undertakings to accept the offer with respect to #.##% of the company's ordinary share capital. The offer was conditioned upon at least ##% of shares being tendered. Upon effectivity of the scheme, BC was to exercise its rights to compulsorily acquire all remaining shares not tendered pursuant to the offer and apply for the delisting of AL shares from the London Stock Exchange. The transaction was subject to regulatory and shareholders approvals.7/15/2008 12:52:46 PM05964H01856E05964H01856EBanco Santander SAAlliance & Leicester PLCBanco Santander SAAlliance & Leicester PLChttp://www.alacrastore.com/storecontent/Thomson_M%26A/Banco_Santander_SA_acquires_Alliance_Leicester_PLC-1995530040sdc/19955300401995530040Copyright © 2008, Thomson Financial, All Rights ReservedMadridCommercial Banks, Bank Holding CompaniesSpainBanks6000FFForeignPublicSAN6000:Banks6141:Personal credit institutions6153:Short-term business credit institutions6162:Mortgage bankers and loan correspondents6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6712:Offices of bank holding companies6000:Banks6141:Personal credit institutions6153:Short-term business credit institutions6162:Mortgage bankers and loan correspondents6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6712:Offices of bank holding companiesLondonCommercial Banks, Bank Holding CompaniesUnited KingdomBanks6000FFForeignPublicAL557004Bank (foreign)Pvd bkg,finl svcsNewly Issued Ord ShOrdinary Share157002Jul 15 20088.101000.000001033.566001033.566001369.217000.000001409.535000.000003407.353000.9710037.39500792.851001.18000546.97200792.851009644.10400120221.41400156802.39600EUR31 Mar 080.0000013663.350000.00000105048.974001383452.56000EURO31 Dec 0731 Dec 0731 Dec 0631 Dec 0531 Dec 0431 Dec 031.986001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.0000032.0000033.0000034.0000035.0000036.0000037.0000038.0000039.0000040.00000Banco Santander SA,headquartered in Santander,Spain, provides financialservices to individuals,companies, and institutions.The company's products for theindividual customers includebanking, investmentmanagement, and mortgage. Italso offers private bankingservices like tax planning andinvestment advice. Santanderoffers a range of corporateservices in the areas offinancing, management offinancial risks, mergers &acquisitions, stock marketflotations, analysis,securities depository,treasury management andcustody services. Santanderoperates in three geographicalareas. The majority of itsoperations are in ContinentalEurope, where the maininstitutions are Santander,Banesto, Banif, SantanderConsumer Finance and SantanderTotta. The company alsooperates in the United Kingdomwhere its Abbey subsidiary islocated. In Latin America,Santander's principalbusinesses are in Brazil,Mexico, Chile, Argentina,Puerto Rico, Venezuela andColombia. Banco Santander wasestablished on May 15, 1857via a royal decree signed byQueen Isabel II.Banco Santander SA, headquartered in Santander, Spain,provides financial services to individuals, companies, andinstitutions. The company's products for the individualcustomers include banking, investment management, andmortgage. It also offers private banking services like taxplanning and investment advice. Santander offers a range ofcorporate services in the areas of financing, management offinancial risks, mergers & acquisitions, stock marketflotations, analysis, securities depository, treasurymanagement and custody services. Santander operates in threegeographical areas. The majority of its operations are inContinental Europe, where the main institutions areSantander, Banesto, Banif, Santander Consumer Finance andSantander Totta. The company also operates in the UnitedKingdom where its Abbey subsidiary is located. In LatinAmerica, Santander's principal businesses are in Brazil,Mexico, Chile, Argentina, Puerto Rico, Venezuela andColombia. Banco Santander was established on May 15, 1857via a royal decree signed by Queen Isabel II.Banco Santander SA, headquartered in Santander, Spain, provides financial services to individuals, companies, and institutions. The company's products for the individual customers include banking, investment management, and mortgage. It also offers private banking services like tax planning and investment advice. Santander offers a range of corporate services in the areas of financing, management of financial risks, mergers & acquisitions, stock market flotations, analysis, securiti