Santander bank will let wealthy domestic account holders of Switzerland trade Bitcoin, Ethereum through digital wallets.
Financial service giant and retail bank Banco Santander announced that they will offer Bitcoin and Ethereum trading options to Switzerland account holders. The trading option is for high-wealth Swiss accounts and within a given criteria.
The...
Quasar is the firm created by Banco Santander in association with Blackstone, who holds 51%, to deal with Banco Popular's toxic assets. In 2019, Quasar suffered losses of €1229 million and covid19 may increase them a lot. If Blackstone decides to bring the Spanish bank to court, SAN could face subpoenas and legal amendments that could bring down SAN's shareprice...
The bank like the industry as a whole is on a long term bearish trend since the pre subprime mortgage crisis in 2007. On the 1W chart we see a clear bearish curve (RSI = 42.379, MACD = -0.083, ADX = 31.053, Highs/Lows = -0.0432) with Lower Highs and 3.1000 as the Support.
Since 2009, once the price crosses the 1W MA200 (orange line) SAN becomes a long term Sell...
