Santander

Santander US names chief strategy officer

01/08/20

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.

[more]

Santander CEO's growth plan: Challenge fintechs, emphasize global ties

12/24/19

New CEO Tim Wennes is counting on soon-to-launch digital offerings to boost consumer loans and deposits and playing up Santander's international reach in a bid to win over middle-market and corporate clients.

[more]

Bank of England raises capital buffer for largest lenders

12/16/19

The central bank gave the seven banks passing grades on their stress tests but said that they will need to start holding more high-quality capital to guard against a potential economic downturn.

[more]

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.

[more]

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.

[more]

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."

[more]

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.

[more]

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.

[more]

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.

[more]

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.

[more]