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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, Massachusetts and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over ...
In March 2012, the bank began to reduce the number of duplicate branches, identifying 56 that would close. Staff in the branches selected for closure were moved to other nearby branches. [18] Alliance & Leicester Commercial Bank merged into Santander's business banking division, Santander Corporate Banking, in July 2009. [19]
Banco Santander S.A. trading as Santander Group (UK: / ˌsæntənˈdɛər, - tæn -/ SAN-tən-DAIR, -tan-, US: / ˌsɑːntɑːnˈdɛər / SAHN-tahn-DAIR, [2][3] Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in most ...
This was caused, firstly, a number of building societies demutualising in the 1980s and 1990s and subsequently, taken over by banks. Secondly, there has been ongoing consolidation via mergers between societies. There are 42 building societies in the UK as of 2021 which provide retail banking services to the general public. The five largest as ...
The consumer financing business focuses on the consumer electronics, computer and furniture retail sectors. The Santander Consumer Bank AG has 211 branches [3] in Germany (as of 31 December 2017). All banking services are also offered directly via online and telephone banking. In total, Santander employs 3,672 people in Germany.
Footnotes / references. [1] TSB Bank plc is a British retail and commercial bank based in Edinburgh, Scotland. It has been a subsidiary of Sabadell Group since 2015. As of 2022, TSB Bank operates a network of 220 branches. [1] TSB was launched on 9 September 2013. Its headquarters are located in Edinburgh, Scotland, and it has more than five ...
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. [6] As of 2023, the only products available to new customers are savings accounts. [7]
SEB Group. Skandinaviska Enskilda Banken AB (Swedish pronunciation: [skandɪˈnɑ̌ːvɪska ˈêːnˌɧɪlːda ˈbǎŋːkɛn]), abbreviated SEB, is a Swedish bank headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Norway, Germany, and the United Kingdom, the ...