Santander

Shake-up continues at Wells Fargo with poaching of Santander's CEO

12/02/19

Scott Powell, who resolved numerous regulatory problems as the head of the Spanish bank's U.S. operations, will face similar challenges at scandal-plagued Wells. As the bank's chief operating officer, Powell will report to CEO Charles Scharf, a former colleague at JPMorgan Chase.

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Santander pivots to Americas as growth in Europe stalls

11/20/19

Ana Botin, the Spanish banking giant's chairman, is counting on Santander's new digital platform to help drive expansion in the U.S. and Latin America.

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Santander's Botin says distrust of bankers still fuels populism

11/05/19

Banco Santander Chairman Ana Botin said that more than a decade after the financial crisis, bankers and other elites remain distrusted around the world, and "as a result, political populism is ascendant."

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Santander joins crowded field of online deposit gathering

11/01/19

The Boston bank’s online money market account won’t start until later next year, and many rivals have already beaten it to the punch. But the window for new entrants is still open provided they do certain things right, experts say.

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FirstBank to buy Santander's Puerto Rico operations for $1.1 billion

10/22/19

The deal, which is expected to close in mid-2020, would create a company with nearly $18 billion of assets and more than $14 billion of deposits.

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Santander to cut 80 U.S. mortgage jobs as it exits TPO loan channel

08/21/19

Santander Bank's U.S. unit will be eliminating 80 mortgage-related positions as it withdraws from the third-party origination sales channel and refocuses on producing home loans through its branch network.

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Santander, HSBC and Cross River Bank: Bankers on the move

07/28/19

During a slow summer, a handful of banks managed to hire away multiple executives from competitors and introduce new leadership.

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Santander Bank names longtime MUFG Union executive its CEO

07/24/19

The hiring of Tim Wennes was one a series of leadership changes announced Wednesday by the holding company for the bank and the auto lender Santander Consumer.

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Amex fires 10 in forex pricing case; Santander will fight Orcel

07/24/19

The workers charged customers incorrect currency conversion rates; Santander plans to defend its decision to not hire Andrea Orcel if he sues.

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Santander’s U.S. units not out of woods yet

06/03/19

Santander Bank and Santander Consumer USA have put many problems behind them in recent years under CEO Scott Powell, but he still has a Federal Reserve enforcement action to resolve and is negotiating with Fiat Chrysler to preserve a crucial auto lending relationship.

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