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Santander Commits $2.5M to City Year

by Banker & Tradesman | Aug 29, 2022

The parent company of Santander Bank has committed $2.5 million in funding over three years to Boston-based City Year, which supports U.S. public schools that are considered under-resourced.

Santander Increases Minimum Wage to $20

by Banker & Tradesman | Mar 31, 2022

Santander Bank will raise its minimum hourly wage to $20, affecting employees who work in branches, call centers and corporate offices.

Healey Settles for $5M with Santander Consumer USA

by Banker & Tradesman | Feb 23, 2022

More than 1,000 Massachusetts borrowers who had auto loans with Santander Consumer USA could receive debt relief and other payments following a settlement the company reached with the Massachusetts attorney general.

Santander to Buy Remaining Shares of Auto Lender

by Banker & Tradesman | Aug 25, 2021

Santander Holdings USA Inc. will pay approximately $2.5 billion to acquire the outstanding shares of its auto loan business, making it a wholly owned subsidiary.

Santander Looks To Buy Remaining Shares of Its Auto Lender

by Banker & Tradesman | Jul 2, 2021

The Boston-based parent organization of Santander Bank and its other U.S. companies wants to acquire the outstanding shares of its auto loan business, making it a wholly-owned subsidiary.

Fed Terminates Enforcement Action with Santander

by Diane McLaughlin | Feb 5, 2021

The Federal Reserve Board has ended its 2017 enforcement action with Santander and its auto lending division over its risk management program.

Former Santander US CEO Moves to Wells Fargo

by Banker & Tradesman | Dec 3, 2019

Scott Powell, the former Santander US and Santander Consumer USA CEO, has joined Wells Fargo & Company as chief operating officer.

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