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May 27, 2016

The cream of continental business talent will be celebrated at the fifth annual European Families in Business Awards in Berlin on 21 June.

The cream of continental business talent will be celebrated at the fifth annual European Families in Business Awards in Berlin on 21 June.

Family business leaders and business school experts on the judging panel for CampdenFB have shortlisted the 30 best of the best from more than 250 nominations across six categories. Close to 1,000 companies have been nominated since 2012.

August 20, 2015

Santander’s most famous family is taking a hands-on approach to philanthropy in areas as diverse as bioinformatics to boys’ education. Fundación Botín’s director general tells Nicholas Moody about how a €900 million endowment is driving social change

Fundación Botín is not your usual endowment-spending foundation. What makes it different? a) Size - it holds slightly less than 1% of all shares in the Spanish banking empire, Santander; b) Investment strategy - it doesn’t have one, it only holds Santander shares; and c) Philosophy - it’s constantly innovating, despite the temptation for a 51-year-old foundation to follow the status quo.

June 24, 2015

Danish family business Danfoss has been awarded the top honour at this year's CampdenFB European Families in Business Awards in Rome.

Danish family business Danfoss has been awarded the top honour at this year's CampdenFB European Families in Business Awards in Rome.

Italy’s own Illy family, behind the eponymous coffee, was awarded with the top sustainable business award.

Held in association with Societe Generale Private Banking at a gala dinner at St Regis Hotel, the annual awards, now in their fourth year, recognise European family businesses that excel in stewardship and governance, as well as revenue growth and profits.

January 23, 2015

2014 was a lively year for family businesses, from Abigail Johnson’s succession at Fidelity, to the Market Basket ownership struggle and of course Korean Air’s infamous ‘nut rage’ incident. Here we take a look at some of the issues we think will remain top-of-mind for 2015 and the family businesses to watch.

2014 was a lively year for family businesses, from Abigail Johnson’s succession at Fidelity, to the Market Basket ownership struggle and of course Korean Air’s infamous ‘nut rage’ incident. Here we take a look at some of the issues we think will remain top-of-mind for 2015 and the family businesses to watch.

1: Shareholder revolts

November 25, 2014

In her first major move since becoming chair, Santander fourth-gen Ana Botin has appointed a new chief executive to lead the family-owned Spanish bank, and made four new appointments to the board.

In her first major move since becoming chair, Santander fourth-gen Ana Botin has appointed a new chief executive to lead the family-owned Spanish bank, and made four new appointments to the board.

November 4, 2014

Spanish family-owned banking group Santander has expressed an interest in acquiring Novo Banco, the Portuguese lender introduced to rescue assets from the failed Espirito Santo banking dynasty. 

Spanish family-owned banking group Santander has expressed an interest in acquiring Novo Banco, the Portuguese lender introduced to rescue assets from the failed Espirito Santo banking dynasty.

According to Bloomberg, Santander’s chief executive Javier Marin told local reporters that the family firm would consider acquiring Novo Banco once a forthcoming audit gave a clearer picture of its current standing.

September 11, 2014

Fourth generation Ana Botin has become the most powerful woman in European banking, following her unanimous appointment to the head of Banco Santander.

Fourth generation Ana Botin has become the most powerful woman in European banking, following her unanimous appointment to the head of Banco Santander.

The decision by the board of directors came less than 24 hours after the death of her father Emilio Botin, 79, who suffered a heart attack on Tuesday evening.

September 10, 2014

Third-gen chairman of Santander Emilio Botin has died of a heart attack on Tuesday, at the age of 79 – with the board set to decide on a successor to the iconic Spanish businessman as early as this afternoon.

Third-gen chairman of Santander Emilio Botin has died of a heart attack on Tuesday, at the age of 79 – with the board set to decide on a successor to the iconic Spanish businessman as early as this afternoon.

Botin is credited with turning the domestic bank into the eurozone’s largest lender – something that would shield the family business from Spain’s future economic woes.

He was still actively involved in the family business right up to his death, reportedly even scrutinizing individual loans made through the lender.

October 25, 2012

Tough trading conditions are continuing to take their toll on family businesses in Europe, with profits falling at Volkswagen and Santander. 

Tough trading conditions are continuing to take their toll on family businesses in Europe, with profits falling at Volkswagen and Santander.

Carmaker Volkswagen, which is controlled by the Porsche and Piech families, had a particularly tough third quarter, with operating profits falling to €2.3 billion – down 19% on the same period last year. It came on the back of a 26.8% rise in revenues during the quarter.

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