Santander

New chief risk officer named at Santander Holdings

05/22/18

Mahesh Aditya will immediately take over risk management for the U.S. subsidiary of Banco Santander, which is trying to turn the corner after several tough years on the regulatory and financial fronts.

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The many ways banks are using blockchain

05/21/18

From international payments to trade finance deals, banks are increasingly exploring uses of distributed ledger technology in a number of ways.

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Santander shakes off branch limits as it regains passing CRA score

04/30/18

The Boston bank said Monday it received a "satisfactory" Community Reinvestment Act rating after being downgraded on its last exam.

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Citi rethinks tech branches and Santander’s blockchain first

04/20/18

Citibank finds people need people (at least in a branch). Santander launches a new consumer app, which makes money transfers using blockchain technology. JPMorgan Chase can be an intimidating partner for fintech startups. Plus, Elizabeth Warren’s new mission.

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Making financial inclusion part of the business model

04/06/18

The heads of Mastercard and Santander outlined the concrete steps their firms are taking to bring unbanked consumers into the financial system.

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Banks pour more money into mortgage fintech Roostify

02/15/18

Banco Santander joined existing investors JPMorgan and USAA as well as others in raising $25 million in secondary-round financing for Roostify, which seeks to build a paperless mortgage process.

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Credit losses keep rising at Santander Consumer, but at a slower pace

01/31/18

After reporting its fourth-quarter earnings, the subprime auto lender said it expects the new tax law to enable more car owners to stay current on their loans.

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Why Wells fired consumer finance chief; SIFI ranks fall

11/20/17

Franklin Codel reportedly made “disparaging remarks” about regulators; Zions may seek to have “too big to fail” label removed.

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There's something broken in small-business lending

10/26/17

Banks tout their small-business lending services, but J.D. Power survey results suggest something's amiss. The solution is easy and old-school — but it costs money.

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Santander Consumer names new CFO in latest shake-up

10/02/17

The Dallas subprime auto lender named Juan Carlos Alvarez de Soto CFO on Friday. He succeeded Ismail Dawood, who had been CFO since December 2015 after working at Bank of New York Mellon.

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