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Santander Bank, N. A. ( / ˌsɑːntɑːnˈdɛər / ), formerly Sovereign Bank, is an American bank operating as a subsidiary of Multinational Bank 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, and ...
Santander acquired a €470 million stake in HSBC's Bank of Shanghai in 2013 in order to rebalance its business to the Asian market. In June 2014 Santander bought GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for €700 million (US$950 million). [29]
Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank said on Tuesday ending its 20-year retail presence in the country that was the last of its overseas consumer ...
The bank's branches on the Isle of Man and Jersey have operated under the brand name of Santander International since 2016. Santander's Corporate and Commercial Banking division operates from a number of regional business banking centres across the United Kingdom.
The Santander Consumer Bank AG is the largest manufacturer-independent bank in the field of car, motorcycle, and (motor) caravan financing and maintains ten dealer sales centers in the metropolitan areas of Hamburg, Frankfurt, Leipzig, Munich, Hanover, Berlin, Stuttgart and Mönchengladbach. The consumer financing business focuses on the ...
In July 2008, Orcel rejoined Santander to advise it in its $1.6 billion (€1.45 billion) acquisition of Alliance & Leicester, a British bank and former building society. On January 30, 2009, Santander hired Orcel once more to complete their acquisition of Sovereign Bank, in a deal valued roughly at $1.9 billion (€1.4 billion).
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