Banco Santander shares rise 1.05% premarket after Sabadell shareholders approve sale of its British unit TSB.

Banco Santander, S.A. rose 1.05% in premarket trading. The company's stock price increase may be attributed to the recent news that Sabadell shareholders approved the sale of its British unit TSB, which could potentially benefit Banco Santander as a competitor in the market. Additionally, Banco Santander-Chile's Second Quarter 2020 Earnings Conference Call and the company's initiatives to expand travel-related benefits and experiences, resulting in a 17-point increase in NPS compared to 2021, may have contributed to the positive sentiment surrounding the stock.