Santander Securities Services (S3) in the news

Asofiduciarias, the Colombian association of fiduciaries, elected Alejandro Gómez as president and Carolina Escobar and María Susana Montero as vice presidents for the 2026-2027 term.

Banco S3 has transitioned from a direct Santander subsidiary to a joint venture controlled by Caceis while maintaining its custody and administration operations in Mexico.

Mexico authorized Banco S3 to change its corporate structure, ceasing to be a direct subsidiary of Santander and becoming part of the S3 Caceis joint venture.

Santander is selling its 30.5% stake in Caceis to Crédit Agricole, except for the Latin American business, which will remain a joint venture.

Santander is divesting its 30.5% stake in the asset servicing firm Caceis to Crédit Agricole to boost its solvency ratio.

Santander is selling its 30.5% stake in Caceis, a securities custody and asset servicing company, to Crédit Agricole to optimize its capital.

Santander divested its 30.5% stake in the custody firm Caceis to Crédit Agricole, while retaining joint control over their Latin American depositary and custody operations.

Banco Santander sold its 30.5% stake in Caceis to Crédit Agricole as part of a capital optimization strategy, with the deal expected to close in 2025.

Santander CACEIS in Colombia has rebranded to S3 CACEIS, aligning with its regional strategy across Latin America to standardize its brand and enhance its custody services.

Santander restructured its operations in Colombia by integrating its securities services with CACEIS, forming Santander CACEIS Colombia and transferring shares to Spanish holdings.

Senior executives from major fund administrators discuss M&A trends, the shift toward digital operational models, and the regulatory impact of fund liquidity concerns across Europe.

Santander and Crédit Agricole officially launched their joint custody and depositary business, integrating Santander Securities Services into Crédit Agricole's Caceis division to create a larger entity with 3.9 trillion in assets under custody.

Santander and Crédit Agricole have launched a major partnership in the custody and depositary sector by integrating Santander Securities Services into Caceis.

Crédit Agricole S.A. and Santander are merging their depositary and custody businesses, CACEIS and S3, to create a major global player in securities services.

Vermeg opened its first Brazilian office, securing Santander Securities Services Brazil as its initial client for the Megara custody solution, expanding a long-standing partnership in Latin America.

Vermeg opened its first Brazilian office and onboarded Santander Securities Services Brazil (S3 Brazil) as its initial client for the Megara securities and custody solution, expanding a long-standing relationship.

VERMEG's Megara post-trade processing system is now live at Santander Securities Services Brazil, marking an expansion of their partnership and the opening of VERMEG's new Brazil office.

Santander and Crédit Agricole formed a strategic alliance to provide reciprocal financial and practical support to SMEs and MIDCAPS for international business expansion.

Santander and Crédit Agricole announced a merger of their custody and depositary businesses, with Santander selling its S3 operations to CACEIS for a 700 million euro capital gain and taking a 30.5% stake in the combined entity.

Santander and Crédit Agricole are merging their custody and depositary businesses, with Santander divesting most of its S3 operations to Crédit Agricole's CACEIS, receiving a 700 million euro capital gain and a 30.5% stake in the new entity.