The total is set to grow as firms from Banco Santander SA to Deutsche Bank AG commit to distributing billions more.

Banco Santander SA Chairman Ana Botin said the lender can shift resources away from lower-perfoming units and doesn’t need to sell them when asked about the future of the lender’s UK operations.

Santander had lagged rivals such as BBVA (BBVA.MC), opens new tab in prioritising shareholder payouts, and its shares had underperformed its Spanish rival until recently. On Wednesday the bank ...

Santander UK reported a 38 per cent drop in profit for the last year, as it braces itself for mounting motor finance mis-selling provisions and doles out higher interest rates on savings.

If you have a tracker or SVR mortgage with Santander, your rate will decrease by 0.25 percentage points on March 3, 2025. The bank has not announced any changes to its fixed rate products.

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