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The bank provides a full range of personal, business and corporate accounts, including current accounts, mortgages, credit products and savings and investments. Santander operate online banking services, including mobile apps, and operate an internet only banking division branded Cahoot.
Santander Bank, N. A. Santander Bank, N. A. ( / ˌsɑːntɑːnˈdɛər /) is an American bank operating as a wholly-owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over 2,000 ATMs ...
Banco Santander S.A. doing business as Santander Group (UK: / ˌ s æ n t ən ˈ d ɛər,-t æ n-/ SAN-tən-DAIR, -tan-, US: / ˌ s ɑː n t ɑː n ˈ d ɛər / SAHN-tahn-DAIR, Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Madrid and Santander in Spain.
March 4, 2024 at 3:53 AM. (Reuters) -Spanish bank Santander has cut around 320 jobs in the United States as it seeks to focus more on digital operations, a person familiar with the matter said ...
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Cahoot operates as a division of Santander UK, and shares Santander's banking licence and headquarters. Its business model involves a small operational staff, with IT services outsourced in 2003 to IBM using their "Software on Demand" model. As of 2023, the only products available to new customers are savings accounts.
The UK lender reported a 13% rise in annual pre-tax profits to £2.1bn for 2023, up from £1.9bn in 2022.