{
}
Deutsche Bank has launched Bizum, a popular mobile payment solution, for its corporate clients in Spain, becoming the first international bank to do so. This initiative allows both foreign multinationals and national businesses with a virtual POS service to accept Bizum payments, enhancing their payment options. With over 28.5 million users and 3.75 billion transactions, Bizum is recognized for its speed and convenience, making it particularly effective for eCommerce and recurring payments.
Verizon and Santander Bank have launched the Verizon + Openbank Savings account, offering a high-yield savings option with an interest rate 10 times the national average. Customers can save up to $180 annually on Verizon bills by maintaining a minimum balance of $1,000. The account can be easily accessed and managed through the MyVerizon app and Openbank's platform, enhancing financial benefits for Verizon's customer base.
Morgan Stanley downgraded Iberdrola to Equal-weight from Overweight, reducing its price target to €14.50 due to limited near-term upside after a strong performance. The stock, trading at a 25% premium to historical levels, is expected to yield less than 10% total return in 2025, with challenges ahead as growth slows post-2025 and management transitions loom. Despite this, Iberdrola remains a "core holding" for many investors, thanks to its strong earnings mix in electricity networks and renewables.
Banco Santander (NYSE: SAN) reached a new 52-week high of $6.84, with analysts maintaining an average "Buy" rating despite some downgrades. The bank reported earnings of $0.21 per share, meeting expectations, and announced a dividend increase to $0.1152 per share, yielding 2.4%. Institutional investors have recently increased their stakes, reflecting growing confidence in the bank's performance.
Barclays has upgraded Endesa SA to "Overweight" from "Equal Weight," raising its price target by 9% to €26.4 per share, driven by potential nuclear plant extensions in Spain. The firm anticipates a 5% increase in earnings forecasts due to stronger retail margins and higher EBITDA contributions.Endesa is well-positioned to benefit from a possible nuclear renaissance, particularly as Spain approaches a decision on extending the life of its nuclear plants, with the Almaraz 1 plant's extension application deadline set for Q4 2025.
Banco Santander's stock rose 2.5% following a new partnership with Verizon, which introduced the Verizon + Openbank Savings account. This account offers Verizon customers a high yield savings option with an interest rate ten times the national average and potential savings on their Verizon bill. The collaboration aims to enhance Santander's presence in the U.S. digital banking market while providing unique financial solutions for Verizon's customer base.
Verizon Communications Inc. is reportedly exploring a partnership with Banco Santander to enhance customer satisfaction through extended bill credits for Verizon customers who open high-yield savings accounts with Santander's digital bank. This collaboration aims to bolster Santander's presence in the U.S. while helping Verizon expand its subscriber base. The partnership aligns with Verizon's customer-centric model, focusing on 5G adoption and digital inclusion initiatives.
Verizon Communications Inc. is reportedly exploring a partnership with Banco Santander to enhance customer satisfaction by offering extended bill credits for opening high-yield savings accounts with Santander's digital bank. This collaboration aims to boost Verizon's subscriber base while helping Santander expand its presence in the U.S. market. Both companies stand to benefit from this potential deal, which aligns with Verizon's customer-centric model and ongoing investments in 5G technology and digital services.
Santander is committed to becoming a more responsible bank, aiming to raise €220 billion in green financing by 2030. In partnership with Verizon, Openbank is launching a high-yield savings account for Verizon customers, offering rates 10 times the national average and potential savings on Verizon bills. The digital banking platform, which debuted in the U.S. in late 2024, aims to provide secure, fee-free banking with 24/7 access.
Verizon has partnered with Santander Bank to launch Verizon + Openbank Savings, a high-yield savings account for Verizon customers. Starting in April, customers can earn interest rates 10 times the national average and save up to $180 annually, with a minimum balance of $1,000 required. The digital banking platform will also introduce Certificates of Deposit and Checking Accounts in 2025, enhancing Verizon's financial services and expanding Santander's digital banking presence.
ESP
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Deutsche Bank introduces Bizum mobile payments for businesses in Spain
07:18 19.03.2025
verizon and santander launch high-yield savings account with exclusive benefits
03:10 19.03.2025
Morgan Stanley downgrades Iberdrola citing limited near-term growth potential
18:58 18.03.2025
Banco Santander reaches new stock high amid mixed analyst ratings and growth forecasts
16:09 18.03.2025
Barclays upgrades Endesa on potential nuclear plant extensions in Spain
16:06 18.03.2025
Banco Santander and Verizon launch high yield savings account partnership
15:24 18.03.2025
verizon and santander explore partnership to enhance customer benefits and services
14:36 18.03.2025
verizon and santander explore partnership to enhance customer benefits and services
14:36 18.03.2025
verizon and santander bank launch high yield savings account for customers
United States Dollar
Banco Santander, S.A.
Verizon Communications Inc.
ESP
USA
Ana Patricia Botin
Hans Vestberg
13:00 18.03.2025
verizon partners with santander to offer high-yield savings accounts for customers
13:00 18.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Market Analysis and Predictions
CEO Changes
Banking Regulations
Industry Mergers & Acquisitions
Energy Sector Developments
Global Trade Developments
Startups & Entrepreneurship
Government Policies
Financial Scams and Security
Domestic Politics
Supply Chain Management
Hedge Funds & Private Equity
Central Bank Actions
Workplace Trends
Countries:
Companies:
Tesla, Inc.
Barclays PLC
JPMorgan Chase & Co.
Apple Inc.
UBS Group AG
Capital One Financial Corporation
NVIDIA Corporation
Bank of America Corporation
The Goldman Sachs Group, Inc.
Morgan Stanley
Commerzbank AG
Amazon.com, Inc.
SpaceXCoin USD
Deutsche Bank RV Global PP
Credit Suisse Real Estate Fund Siat
Wells Fargo & Company
Berkshire Hathaway Inc.
Google Inc.
Citigroup Inc.
SAP SE
Currencies:
United States Dollar
Euro
Chinese Yuan
Indian Rupee
Swiss Franc
British Pound Sterling
Vietnamese Đồng
Hong Kong Dollar
Australian Dollar
Singapore Dollar
United Arab Emirates Dirham
South Korean Won
Thai Baht
Norwegian Krone
Danish Krone
Swedish Krona
Russian Ruble
Ghanaian Cedi
Canadian Dollar
Turkish Lira
People: