Santander, Amazon in Talks Over Consumer Finance Partnership in Europe, Bloomberg Reports
-- Spanish lender Santander and tech giant Amazon are in advanced talks regarding a European partnership for consumer finance, Bloomberg reports, citing unnamed sources.
-- The partnership would first be rolled out in Germany before being extended to other European countries, Bloomberg reports.
-- The deal would bring in more revenue than the partnership Santander announced last week with Apple, Bloomberg reports. Santander's financing platform Zinia became the provider of consumer finance services for Apple in Germany, the lender said on June 10.
-- Santander declined to comment when contacted by Dow Jones Newswires while Amazon didn't immediately respond.
Full story: https://tinyurl.com/bdcrwdfp
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
June 21, 2024 03:38 ET (07:38 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Where Top Stock Fund Managers Are Looking Next After the Fed Rate Cut
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
-
How to Measure a Company’s Competitive Advantage
-
How to Think Like a Stock Analyst
-
How GLP-1 Drugs Like Ozempic Are Boosting Biopharma Stocks
United States