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STX:SAN, Jul 18, 08:48 UTC

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Santander business banking switches on nCino loan system

SAN

Santander Bank’s Business Banking clients are being introduced to a new Bank Operating System this week in a move that will deliver a superior digital experience for customers that is as configurable and personalized as it is fast and easy-to-use. A worldwide leader in cloud banking, nCino’s cloud-based platform is accessible to customers from any device and will cut the time it takes the Bank to deliver loan decisions from start to finish by approximately 40 percent. Amir Madjlessi, executive vice president and managing director of Business Banking at Santander said, “Respecting our customers means giving them more insight into the loan process and getting them their money faster without any impediments so they can focus on running their businesses. Santander is deploying nCino in partnership with Accenture to provide the Bank’s customers with a personalized experience while empowering its business bankers with an end-to-end solution that seamlessly combines customer relationship management (CRM), loan origination, account opening, workflow, enterprise content management, and instant reporting capabilities.

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Santander's New Operating Platform from nCino Ensures Faster Loan Processing and an Optimal Experience for Business Banking Customers

SAN ACN

BOSTON, July 17, 2018 /PRNewswire/ -- Santander Bank's Business Banking clients are being introduced to a new Bank Operating System this week in a move that will deliver a superior digital experience for customers that is as configurable and personalized as it is fast and easy-to-use. Amir Madjlessi, executive vice president and managing director of Business Banking at Santander said, "Respecting our customers means giving them more insight into the loan process and getting them their money faster without any impediments so they can focus on running their businesses. nCino's platform automates the lending process from start to finish in a way that ensures a seamless, transparent experience for our customers that reduces delays and inefficiencies and securely connects our clients to our bankers whenever they need them with the touch of a button." "The Bank also recognizes that a shiny front end means nothing if the middle and back office doesn't embrace at least the same degree of automation and intelligence. By implementing nCino's Bank Operating System, Santander is transforming processes from within and while engaging their customers, offering transparency and speed to customers while reducing overall costs and boosting efficiency." Last year, Santander debuted Santander Treasury Link – an online treasury management platform designed to meet the specific cash management needs of both its business banking and commercial clients. And, in 2016, the Bank launched a multi-feature mobile app created to meet the unique needs of business banking customers.

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Monday, July 16


News

Several foreign funds eyeing bids for Santander property portfolio - sources

SAN

Several foreign funds eyeing bids for Santander property portfolio - sources. MADRID, July 16 (Reuters) - Several foreign funds, among them Blackstone Group and Cerberus, are considering making bids for toxic real estate assets held by Spain's Banco Santander, two sources with knowledge of the matter said on Monday. The real estate asset portfolio has a gross value of around 5 billion euros ($5.86 billion), sources said, confirming an earlier report published by financial website elconfidencial.com. Despite a rebound in Spain's property market after a decade-long crisis, lenders are still racing to sell loans that went bad in the slump and often offer discounts of around 60 percent from the face value of the portfolios.

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Friday, July 13


News

Chile Watch: Santander, Bci, Orionx - BNamericas

SAN

Start a free trial, to unlock the full potential of a subscription to BNamericas. The board of Santander Chile appointed former central bank president Rodrigo Vergara as an independent director and first vice president. BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in Latin American business. This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America.

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Thursday, July 12


News

Banco de Chile, Santander beefing up cybersecurity - BNamericas

SAN

Start a free trial, to unlock the full potential of a subscription to BNamericas. Chile's two biggest banks - Banco de Chile and Santander - are tightening their focus on cybersecurity. BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in Latin American business. This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America.

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Wednesday, July 11


Social Chatter

Santander (IBEX:SAN) social chatter is higher than usual

SAN
Banco Santander Plans to Explore Blockchain’s Potential in Securities Trade https://t.co/qnV6t3vWgq https://t.co/C6p73voIOd
News

Banco Santander México Will Report 2Q18 Results After Market Close On July 26th, 2018

SAN SAN

The conference call can be accessed by dialing 1-877-407-4018 (U.S. & Canada) or 1-201-689-8471 (International) and ask for "Santander México's Earnings Call". Banco Santander México offers a multichannel financial services platform focused on mid- to high-income individuals and small- to medium-sized enterprises, while also providing integrated financial services to larger multinational companies in Mexico. As of March 31, 2018, Banco Santander México had total assets of Ps.1,288 billion under Mexican Banking GAAP and more than 15.8 million customers. Headquartered in Mexico City, the Company operates 1,375 branches and offices nationwide and has a total of 17,829 employees.

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Tuesday, July 10


News

Santander Bank Appoints Brian Schwinn as Commercial Banking's Head of Asset Based Lending and Restructuring Finance

SAN

BOSTON, July 10, 2018 /PRNewswire/ -- Santander Bank today announced that Brian Schwinn has been appointed to head the Bank's asset based lending (ABL) and restructuring finance business in its Commercial Banking division. Schwinn is responsible for growing Santander's ABL business, a full-service provider with a highly diversified portfolio and particular expertise in equipment financing, wholesale trade and financial services. During his career, he has advised clients and managed portfolios across a wealth of different product categories including leveraged finance, securitization, asset based lending, debt capital markets, real estate, commercial aviation and structured products. Offering specialty groups of experienced bankers in Asset Based Lending, Government Banking, Auto Finance, Commercial Real Estate Banking, Commercial Equipment & Vehicle Financing, Technology, Media & Telecommunications (TMT), Healthcare, Transportation & Logistics, Food & Beverage and Consumer Retail, along with experts in Middle Market and Global Banking & Markets, Santander earns the loyalty of its commercial banking clients by offering services that help them manage their operating needs, maximize their working capital and grow their business domestically and internationally.

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News

Clopidogrel Market in China (2018-2022) - Sanofi (Hangzhou) Secured a Market Share of 52% in 2017 - ResearchAndMarkets.com

SAN

This research predicts that with the rising aging population, the change of lifestyle and the increasing incidence of cerebral stroke, myocardial infarction and peripheral arterial thromboembolism, the demand for Clopidogrel in the Chinese market will continue to increase. The drug was jointly researched and developed by Bristol-Myers Squibb and Sanofi. After the patent expired, a global wave of biosimilar boomed. For years, Clopidogrel has been ranking first in China's antithrombotic drug market, with sales revenue exceeding CNY 2 billion in 2017. According to market research, Clopidogrel in the Chinese market is dominated by four companies, namely, Sanofi (Hangzhou) Pharmaceutical Co., Ltd. (Trade Name: Plavix), Shenzhen Salubris Pharmaceutical Co., Ltd. (Trade Name: Taijia), Lepu Pharmaceutical Co., Ltd. (Trade Name: Shuai Tai) and Sanofi (Trade Name: Plavix).

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Sanofi denounces CADTH negative recommendation that could limit treatment options for Canadians with atopic dermatitis

SAN

Sanofi denounces CADTH negative recommendation that could limit treatment options for Canadians with atopic dermatitis. Moreover, the National Institute for Health Care Excellence (NICE) recently issued a positive Final Appraisal Determination for Dupixent™ for routine use on the National Health Service in England , paving the way for the first targeted biologic for adults with moderate to severe atopic dermatitis. Sanofi Genzyme looks forward to working with the Ministère de la Santé et des Services sociaux (Ministry of Health and Social Services) to achieve public reimbursement quickly for patients in need. If the provincial, territorial and federal drug plans adopt CADTH's recommendation, Canada risks becoming a global outlier in AD treatment options as it conflicts with local and major global public reimbursement bodies. Dupixent™ (dupilumab), is the first biologic therapy in Canada to target the root cause of AD – a form of eczema – to treat adult patients whose moderate to severe disease is not adequately controlled with topical prescription corticosteroids or when those therapies are not advisable.1 The therapy was approved by Health Canada on November 30, 2017 after clinical studies showed an acceptable safety profile with a significant improvement in the condition of patients' skin and reduction in itch within the first four months of biweekly treatment.2 The medicine is jointly developed by Regeneron and Sanofi under a global collaboration agreement.

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finance.yahoo.com
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