Santander buying powder

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Santander buying powder

Santander, Europe's biggest bank by market value, said it had called in Spain's Guardia Civil police and its specialist unit dealing with chemical threats as a precaution, and was sending off the envelopes to be analyzed. The Guardia Civil said on Twitter later on Tuesday that a preliminary investigation of the incident pointed to a false alarm. The 12 employees who handled the envelopes were being kept under medical observation, though none were suffering from any unusual symptoms, the bank said in a statement. Some of those who came into contact with the envelopes were secretaries, a source close to the bank said, adding that the main building in Santander's sprawling financial center on the outskirts of the Spanish capital had been evacuated. Santander did not specify which executives the envelopes had been addressed to, only saying they were for members of its management team. Such incidents are not unheard of in Spain, though recent alerts have not involved banks. Last year Amnesty International evacuated its offices in Madrid after receiving a suspicious envelope, while this year several media companies called in police after similar packages were received. The envelopes sent to Santander were delivered to the building housing the offices of its top staff, including that of Chairwoman Ana Botin, the source said. The spaceship-like building sits in the middle of the bank's vast campus, which as well as offices and conference rooms has sports grounds and many restaurants. It is Santander's main headquarters for corporate activities, though the bank is incorporated in the port city of Santander, in northern Spain. Selected edition. Sign in. My Portfolio News Latest News. Stocks: Most Actives. Credit Cards. Latest News. Tue, Oct 6, , PM. Privacy Policy.