Santander

Santander shakes off branch limits as it regains passing CRA score

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

CRA Kristin Broughton April 30

CRA Kristin Broughton April 30
Women in Banking Citi rethinks tech branches and Santander’s blockchain first

Tanaya Macheel
Reporter

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.

Consumer banking April 20

Consumer banking April 20
Making financial inclusion part of the business model

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

Financial inclusion Victoria Finkle April 6

Financial inclusion Victoria Finkle April 6
Banks pour more money into mortgage fintech Roostify

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.

Digital mortgages Bryan Yurcan February 15

Digital mortgages Bryan Yurcan February 15
Credit losses keep rising at Santander Consumer, but at a slower pace

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.

Auto lending Kevin Wack January 31

Auto lending Kevin Wack January 31
Morning Scan Why Wells fired consumer finance chief; SIFI ranks fall

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

Morning scan George Yacik November 20, 2017

Morning scan George Yacik November 20, 2017
There's something broken in small-business lending

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.

Small business lending Andy Peters October 26, 2017

Small business lending Andy Peters October 26, 2017
Santander Consumer names new CFO in latest shake-up

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.

Consumer banking Andy Peters October 2, 2017

Consumer banking Andy Peters October 2, 2017
First Republic using student debt refis to woo millennials

The San Francisco bank has pulled in 10,000 new households with loan products geared toward young professionals.

Student lending Laura Alix September 21, 2017

Student lending Laura Alix September 21, 2017
Santander USA’s Powell named CEO of embattled subprime auto unit

Scott Powell will lead the auto lender while continuing to serve as CEO of Santander Holdings, the U.S. division of the Spanish banking giant Banco Santander.

Auto lending Kristin Broughton August 28, 2017

Auto lending Kristin Broughton August 28, 2017

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