Santander acquires Citibank's pensions business

clock •

SPAIN - Santander Central Hispano has acquired part of Citibank's Spanish fund management operations for an undisclosed amount.

Under the terms of the agreement, Santander will take over part of Citibank’s Spanish mutual and pension fund operations, operations which have a combined EUR987m in assets under management. As par...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Spain

Spain

Pioneer expands Iberia team

SPAIN/PORTUGAL - Pioneer Investments has appointed Teresa Molins as senior sales manager of its institutional business in Spain and Portugal.

Jaishree Kalia
clock 03 November 2011 •
Spain

Spanish pensions reform only skin deep

Spain has used the financial crisis to reform its pensions system, yet fears run high that the changes do not go far enough, writes Toby Lewis

Toby Lewis
clock 08 March 2011 •
Spain

Spain to pass pension bill as yields continue to surge

SPAIN - The Spanish government will raise the retirement age today in a renewed bid to restore investor confidence after a €20bn ($27bn) plan to shore up savings banks failed to tame the nation's borrowing costs.

Emma Ross-Thomas at Bloomberg News
clock 28 January 2011 •
Trustpilot