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Shares of Banco Santander, S.A. (ADR) (NYSE:SAN) ended Thursday session in green amid volatile trading. The shares closed up +0.11 points or 2.30% at $4.90 with 5.03 million shares getting traded. Post opening the session at $4.89, the shares hit an intraday low of $4.87 and an intraday high of $4.91 and the price vacillated in this range throughout the day. The company has a market cap of $72.79 billion and the numbers of outstanding shares have been calculated to be 14.56 billion shares.

Banco Santander, S.A. (ADR) (SAN) announced that its Board of Directors declared a dividend on SHUSA’s Preferred Stock.  A dividend payment of $0.45625 per share is payable on November 15, 2016 to holders of record on November 1, 2016 for SHUSA’s Series C Non-Cumulative Perpetual Preferred Stock (NYSE:SOVPRC).

Shares of Morgan Stanley (NYSE:MS) ended Thursday session in green amid volatile trading. The shares closed up +0.43 points or 1.29% at $33.82 with 12.61 million shares getting traded. Post opening the session at $33.82, the shares hit an intraday low of $33.58 and an intraday high of $34.01 and the price vacillated in this range throughout the day. The company has a market cap of $65.12 billion and the numbers of outstanding shares have been calculated to be 1.91 billion shares.

Morgan Stanley (MS) announced that its Wealth Management clients who receive advice from Financial Advisors will continue to have choice in how they pay for retirement accounts covered by the new Department of Labor fiduciary rule – either commissions for transactions, or a fee based on the value of account assets.

“Morgan Stanley’s core values of putting clients first and doing the right thing are behind our plan for implementing the Department of Labor’s upcoming fiduciary rule for retirement accounts. Client needs vary by their individual situations, and they tell us they want choice in how they pay for services. We believe our advisors can most effectively uphold a fiduciary standard of care and work in clients’ best interests by continuing to offer choice,” said Shelley O’Connor and Andy Saperstein, Co-Heads of Wealth Management.

 

 

 

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