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BloombergSantander Sells Hotel Loans to Take Advantage of Tourism Rebound
(Bloomberg) -- Banco Santander SA is selling part of its Spanish commercial real estate assets as it seizes on a post-pandemic resurgence in tourism to clean up its balance sheet.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.BuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Paul Singer Is Pitching Wall Street's Own Brand of M
Business WireMiddle-Income Households Adjust to Higher Prices as Inflation Concerns Return, Santander US Survey Finds
BOSTON, June 24, 2024--Santander Holdings USA, Inc. ("Santander US") today announced findings from a new survey that shows middle-income households are cutting back on spending, taking second jobs, and delaying large purchases—such as cars and homes—to adapt to higher prices as inflationary pressures continue. Nearly three in four middle-income households (72%) reported seeing prices rise in the second quarter, and four in five (78%) said inflation is a major concern. To cope, most middle-income
- Bloomberg
Santander Finds 'Big Change' as US Homebuying Dream Ebbs
Tim Wennes, chief executive officer of Santander US, says he was surprised by the bank's finding in a consumer survey that more than half of Americans didn't believe homeownership was required for their financial prosperity -- "a big change from conventional wisdom." He speaks with Sonali Basak on "Bloomberg Markets."
