UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)
FIRST FIDELITY BANCORPORATION
(Name of Issuer)
COMMON STOCK
$1.00 PAR VALUE
(Title of Class of Securities)
32019510
(CUSIP Number)
BANCO SANTANDER,
SOCIEDAD ANONIMA
(formerly BANCO DE SANTANDER
SOCIEDAD ANONIMA DE CREDITO)
(Name of Persons Filing Statement)
GONZALO DE LAS HERAS
BANCO SANTANDER, S.A.
45 East 53rd Street
New York, NY 10022
Tel. No.: (212) 350-3444
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
March 6, 1995
(Date of Event which Requires Filing of
this Statement)
If the filing person has previously filed a statement
on Schedule 13G to report the acquisition which is the
subject of this Schedule 13D, and is filing this statement
because of Rule 13d-1(b)(3) or (4), check the following:
[ ].
Check the following box if a fee is being paid with
this statement: [ ].
SCHEDULE 13D
______________________________ ________________________________
| | | |
|CUSIP No. 32019510 | | Page 2 of 12 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | BANCO SANTANDER, S.A. |
| | (formerly BANCO DE SANTANDER, S.A. DE C.) |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | - |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | SOURCE OF FUNDS* |
| | WC |
|____|____________________________________________________________________|
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED _ |
| | PURSUANT TO ITEMS 2(d) or 2(E) |_| |
| | |
|____|____________________________________________________________________|
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Kingdom of Spain |
|____|____________________________________________________________________|
| | 7 | SOLE VOTING POWER |
| | | 21,385,653 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 8 | SHARED VOTING POWER |
| BENEFICIALLY | | 0 |
| OWNED BY |____|_______________________________________________|
| EACH | 9 | SOLE DISPOSITIVE POWER |
| REPORTING | | 21,385,653 |
| PERSON |____|_______________________________________________|
| WITH | 10 | SHARED DISPOSITIVE POWER |
| | | 0 |
|____________________|____|_______________________________________________|
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 21,385,653 |
|____|____________________________________________________________________|
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| | 26.60%** |
|____|____________________________________________________________________|
| 14 | TYPE OF REPORTING PERSON* |
| | CO |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 2 of 12
______________
** Represents 26.34% of the total voting stock of Issuer, First Fidelity
Bancorporation.
Banco Santander, S.A., a Spanish banking corporation
("Santander" and, together with its consolidated subsidiaries, the "Santander
Group"), hereby amends and supplements its Schedule 13D, originally filed on
March 27, 1991 (the "Original 13D"), as amended and supplemented by Amendment
No. 1 filed on December 31, 1991, Amendment No. 2 filed on October 6, 1992,
Amendment No. 3 filed on May 5, 1993, Amendment No. 4 filed on August 16,
1993, Amendment No. 5 filed on March 30, 1994, Amendment No. 6 filed on June
15, 1994, Amendment No. 7 filed on January 4, 1995 and Amendment No. 8 filed
on January 19, 1995 (as so amended and supplemented, the "Schedule 13D"), with
respect to the purchase of shares of common stock, par value $1.00 per share
("Common Stock"), of First Fidelity Bancorporation, a New Jersey corporation
(the "Company"). Capitalized terms used but not defined herein shall have the
meanings given to such terms in the Schedule 13D.
Item 2. Identity and Background.
The response set forth in Item 2 of the Schedule 13D is hereby
amended and supplemented by the following information:
The principal office of Banco Santander, S.A. (formerly Banco
de Santander, S.A. de C.) is Paseo de la Castellana 24, 28046 Madrid, Spain.
The information set forth in Schedule A of the Original 13D is
hereby amended and supplemented by the information set forth in Schedule A
hereto.
Item 5. Interest in Securities of the Company.
The response set forth in Item 5 of the Schedule 13D is hereby
amended and supplemented by the following information:
(a) In a series of open market purchases from February 13,
1995 through March 6, 1995 (the "open market purchases"), Santander's
wholly-owned subsidiary FFB Participacoes e Servicos, S.A. acquired a total of
823,740 shares of Common Stock. As a result, Santander indirectly
beneficially owned a total of 21,385,653 shares of Common Stock as of March 6,
1995. This represents approximately 26.60% of the outstanding Common Stock
and 26.34% of the total voting shares of the Company (based on (i) 80,405,020
shares of Common Stock outstanding (excluding treasury stock) and (ii) a total
of 81,131,983 voting shares outstanding, each as of February 28, 1995,
according to information provided by the Company).
Except as set forth in this Item 5(a), neither Santander, nor
any other person controlling Santander, nor, to the best of its knowledge, any
of the persons named in Schedule A to the Original 13D, beneficially owns any
shares of Common Stock.
(b) Upon consummation of the transfer, Santander had the sole
power to vote and to dispose of 21,385,653 shares of Common Stock.
(c) The open market purchases are described in Schedule B
hereto. Except as otherwise disclosed herein or therein, no transactions in
the shares of Common Stock have been effected since January 19, 1995 by
Santander, any other person controlling Santander, or to the best of its
knowledge, any of the persons named in Schedule A to the Schedule 13D.
(d) Inapplicable.
(e) Inapplicable.
SIGNATURE
After reasonable inquiry and to the best knowledge and belief
of the undersigned, the undersigned certifies that the information set forth
in this statement is true, complete and correct.
Date: March 8, 1995
BANCO SANTANDER, S.A.
By: Gonzalo de Las Heras
____________________________
Name: Gonzalo de Las Heras
Title: Director General
Schedule A
DIRECTORS AND EXECUTIVE OFFICERS OF
BANCO SANTANDER, S.A.
(FORMERLY BANCO DE SANTANDER, S.A. de C.)
The name, business address, title, present principal occupation
or employment of each of the directors and executive officers of Banco
Santander, S.A. ("Santander") are set forth below. If no business address is
given the director's or officer's business address is Banco Santander,
Sociedad Anonima, Paseo de la Castellana 24, 28046 Madrid, Spain. Unless
otherwise indicated, each occupation set forth opposite an individual's name
refers to Santander. Unless otherwise indicated below, all of the persons
listed below are citizens of Spain.
Present Principal
Occupation Including
Name and Name and Address(*)
Business Address of Employer
________________ _____________________
Directors
_________
Emilio Botin-Sanz de Sautuola Chairman
y Garcia de los Rios
Jaime Botin-Sanz de Sautuola First Vice Chairman; Chairman,
y Garcia de los Rios, Bankinter Sociedad Anonima
Baninter Sociedad Anonima
Paseo de la Castellana 29,
28046 Madrid, Spain
Rodrigo Echenique Gordillo Retired
Ignacio Soler de la Riva, Chairman,
SOLRIVA, S.A., Amado Nervo 4, SOLRIVA, S.A.
28007 Madrid, Spain
Ramon Quijano Secades, Executive Vice President,
Transportes GERPOSA Transportes GERPOSA
Rio Miera, 11,
39011 Santander, Spain
Angel Jado Becerro de Bengoa Retired
Juan Secades y Gonzalez-Camino Retired
Rafael Alonso Botin Retired
Jose Luis Diaz Fernandez Retired
Harry P. Kammen,(**) Chairman, Metropolitan Life
Metropolitan Life Insurance Insurance Company
Company,
1 Madison Avenue,
New York, New York 10010-3690
Matias Rodriguez Inciarte Second Vice Chairman
Ana Patricia Botin-Sanz de Officer; Chief Executive
Sautuola y O'Shea Officer, Santander
Investment
Joaquin Folch Rusinol Corachan, General Manager,
Industrias Titan S.A., Industrias Titan S.A.
Avenida Bogatell 29-47,
08005 Barcelona, Spain
Emilio Botin-Sanz de Officer, Treasury Department
Sautuola y O'Shea of Santander
Bankers Trust Company,
Appold Street, Broadgate,
London EC2A 2HE,
United Kingdom
George Younger(***) Chairman,
The Royal Bank of The Royal Bank of
Scotland Group plc, Scotland Group plc
36 St. Andrew Square,
Edinburgh, United Kingdom
Ian F.H. Grant(***) Director,
The Royal Bank of The Royal Bank of
Scotland Group plc, Scotland Group plc
36 St. Andrew Square,
Edinburgh, United Kingdom
Alfredo Saenz Abad Chairman, Banco Espanol de
Banco Espanol de Credito Credito
Castellana 7
20846 Madrid, Spain
Antonio Fernandez Rodriguez(****) Chairman, Modelo Group,
Grupo Modelo Mexico
Schiller 255, 7th Floor
Co. Chapultepec, 11570
Mexico D.F., Mexico
Juan Rodriguez Inciarte Chief Financial Officer;
Executive Vice President
Anthony P. Terracciano(**) Chairman, First Fidelity
First Fidelity Bancorporation Bancorporation
550 Broad Street
Newark, N.J. 07102 U.S.A.
Executive Officers
Who Are Not Directors
_____________________
Jose Marie Carballo Cotanda Senior Banker
Pedro Chicharro Muela Executive Vice President,
Marketing
Francisco Martin Lopez-Quesdad Executive Vice President,
International Division
Casto de la Mora Mata Executive Vice President,
Retail Banking
David Arce Torres Executive Vice President,
Internal Audit
Jose Maria Espi Martinez Executive Vice President,
Human Resources
Ricardo Alonso Clavel Executive Vice President,
Systems
Gonzalo de Las Heras Senior Banker
__________________
* Same address as director's or officer's business address except where
indicated
** U.S. citizen
*** U.K. citizen
**** Mexican citizen
Schedule B
OPEN MARKET PURCHASES OF COMMON STOCK
BY FFB PARTICIPACOES E SERVICOS, S.A.
FROM FEBRUARY 13, 1995 THROUGH MARCH 6, 1995
Date Number of Shares Price ($)
____ ________________ _________
February 13, 1995 113,500 48.55350
60,000 48.43850
February 14, 1995 84,120 48.02600
February 15, 1995 23,280 48.86080
February 16, 1995 147,120 48.93570
February 17, 1995 22,320 48.41500
February 22, 1995 128,300 49.02400
February 23, 1995 69,600 49.43800
February 27, 1995 10,800 50.06500
February 28, 1995 17,940 50.19360
March 1, 1995 26,760 50.15800
March 2, 1995 90,000 50.16700
March 6, 1995 30,000 49.67500
