Shares of Banco Santander, S.A. (ADR) (NYSE:SAN) ended Friday session in red amid volatile trading. The shares closed down -0.08points or -1.69% at $4.65 with 15.04 million shares getting traded. Post opening the session at $4.73, the shares hit an intraday low of $4.63 and an intraday high of $4.75 and the price vacillated in this range throughout the day. The company has a market cap of $69.07 billion and the numbers of outstanding shares have been calculated to be 14.43 billion shares.
Banco Santander, S.A. is a retail and commercial bank. The Bank’s principal business is to attract deposits and provide loans. The Bank focuses its wholesale banking offer on providing services to its main customers in local markets. The Banks segments include Continental Europe, United Kingdom, Latin America and United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country. The Latin America segment embraces all its financial activities conducted through its banks and subsidiaries in the region. The United States segment includes the holding company, Santander Holdings USA (SHUSA), the businesses of Santander Bank, Santander Consumer USA and Banco Santander Puerto Rico, the specialized unit of Banco Santander International and Spanish Branch of Santander in New York.
Shares of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) ended Friday session in red amid volatile trading. The shares closed down -0.72 points or -6.31% at $10.69 with 15.07 million shares getting traded. Post opening the session at $11.05, the shares hit an intraday low of $10.69 and an intraday high of $11.06 and the price vacillated in this range throughout the day. The company has a market cap of $60.00 billion and the numbers of outstanding shares have been calculated to be 2.88 billion shares.
Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil and abroad. It is engaged in banking activities, through its commercial, investment, real estate loan, finance and investment credit, and lease portfolios, including foreign exchange operations and other complementary activities. It operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. Its Retail Banking segment includes retail clients, high net worth clients and the corporate segment. The Wholesale Banking segment offers products and services to middle-market companies, private banking clients, from the activities of Latin America units and the activities of Itau BBA. The Activities with the Market + Corporation segment records the result arising from capital surplus, subordinated debt surplus and the net balance of tax credits and debits.