SANTANDER overview

Santander Bank Leads $25 Million Deal with Horizon Group PR Newswire BOSTON, Feb. 18, 2020 BOSTON , Feb. 18, 2020 /PRNewswire/ -- Santander Bank today announced that its Commercial Banking division closed a $25 million term-loan facility on behalf of Horizon Group USA . Santander acted as sole lead arranger for the transaction. Horizon Group, headquartered in Warren, New Jersey , is a craft and toy supplier with a customer base that includes major retail chains such as Walmart, Target, Costco,...

Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) a leading online travel company in Latin America, today announced that its Brazilian subsidiary Decolar launched a co-branded credit card in partnership with Visa Inc. and Banco Santander (Brasil) S.A. for the Brazilian market. A unique feature of this new card is that it can be approved online before making the first travel purchase. All points accumulated with this co-branded card will be available for redemption for all...

Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2019 Results Net Income of $994 Million and More Than $31 Billion in Originations in 2019; Completed $1 Billion Portfolio Acquisition in the Fourth Quarter 2019 Announced Its Intent To Commence a Tender Offer To Purchase Up To $1 Billion of Shares PR Newswire DALLAS, Jan. 29, 2020 DALLAS , Jan. 29, 2020 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" or the "Company") today announced net income for...

Santander Consumer USA Holdings Inc. Announces Intent To Commence Tender Offer To Purchase Up To $1 Billion of its Shares PR Newswire DALLAS, Jan. 29, 2020 DALLAS , Jan. 29, 2020 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" or the "Company") announced today that it intends to commence a "modified Dutch Auction" tender offer to purchase up to $1 billion of shares of its common stock, at a range of between $23 and $26 per share, or such lesser number of shares of its...

Santander Bank Leads Upsized $75 Million Deal with Wind Turbine & Energy Cables Corporation PR Newswire BOSTON, Jan. 22, 2020 BOSTON , Jan. 22, 2020 /PRNewswire/ -- Santander Bank today announced that its Commercial Banking division closed a $75 million asset-based revolving credit facility on behalf of Wind Turbine & Energy Cables Corporation (WTEC). Santander acted as administrative agent, sole lead arranger and sole bookrunner on the credit facility. WTEC is a diversified, leading...

Santander US Awards More than $14.8 Million in Charitable Grants in 2019 Santander's philanthropy is focused on financial empowerment, small business and entrepreneurship, affordable housing and healthy communities. PR Newswire BOSTON, Jan. 15, 2020 BOSTON , Jan. 15, 2020 /PRNewswire/ -- Santander US ("Santander") announced a total commitment of more than $14.8 million in charitable giving in 2019 across the United States , including $11.5 million from Santander Bank , N.A., $800,000 through...

Daniel Budington Named Chief Strategy Officer for Santander US and Santander Bank PR Newswire BOSTON, Jan. 8, 2020 BOSTON , Jan. 8, 2020 /PRNewswire/ -- Santander US today announced that Daniel Budington has been named Chief Strategy Officer for Santander US and Santander Bank ("SBNA"), effective immediately. Mr. Budington will report directly to Santander US and SBNA CEO, Tim Wennes . In his new role, Mr. Budington will be responsible for a wide range of projects and initiatives including...

Santander Consumer USA Holdings Inc. Announces $1.1 Billion Portfolio Acquisition from Gateway One Lending & Finance Includes the acquisition of $1.1 billion and an additional sub-servicing conversion of $0.5 billion of auto loan assets The transaction demonstrates SC is a servicer of choice for auto assets having acquired or converted more than $2.6 billion in auto assets across two transactions since 2018 PR Newswire DALLAS, Dec. 18, 2019 DALLAS , Dec. 18, 2019 /PRNewswire/ -- Santander...

The Banker's editor, Brian Caplen, talks to James King about the Bank of the Year awards 2019, the challenges facing the global banking sector and the impact ......

The Banker's editor, Brian Caplen, talks to James King about the Bank of the Year awards 2019, the challenges facing the global banking sector and the impact ......

Santander US Announces Leadership Appointments: Tim Wennes Named Santander US CEO and Country Head, and Mahesh Aditya Named CEO of Santander Consumer Sarah Drwal named Santander US CRO, and Juan Carlos "JC" Alvarez Joins Santander Consumer Board of Directors PR Newswire BOSTON, Dec. 2, 2019 BOSTON , Dec. 2, 2019 /PRNewswire/ -- The Boards of Directors of Santander Holdings USA, Inc. ("Santander US") and Santander Consumer USA Holdings Inc. ("SC") today announced several executive changes:...

Santander Consumer USA Holdings Inc. Announces 2020 Quarterly Earnings Release Dates PR Newswire DALLAS, Nov. 27, 2019 DALLAS , Nov. 27, 2019 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") provides schedule for 2020 Quarterly Earnings Release Dates. SC will host conference calls to review quarterly financial results on the following dates: Q4 2019: Wednesday, January 29, 2020 at 9 a.m. Eastern Time; Q1 2020: Wednesday, May 6, 2020 at 9 a.m. Eastern Time ; Q2 2020:...

Santander's Sandra Broderick Honored as one of the '2019 Women in Auto Finance' Auto Fin Journal List Recognizes Most Dedicated and Talented Professional Women in Auto Finance Industry PR Newswire DALLAS, Nov. 21, 2019 DALLAS , Nov. 21, 2019 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" or "the Company"), today announced that Sandra Broderick , U.S. Head of Operations and Head of Operations for Santander Consumer USA , has been named one of the "2019 Women in Auto...

Santander Bank Lowers Its Prime Rate to 4.75% PR Newswire BOSTON, Oct. 31, 2019 BOSTON , Oct. 31, 2019 /PRNewswire/ -- Santander Bank announced today it has lowered its prime rate from 5.00% to 4.75%, effective October 30, 2019 . Santander Bank , N.A . is one of the country's largest retail and commercial banks with $74.2 billion in assets. With its corporate offices in Boston , the Bank's approximately 9,600 employees, over 600 branches, more than 2,000 ATMs and 2.1 million customers are...

Santander Consumer USA Holdings Inc. Reports Third Quarter 2019 Results Net Income of $233 million, Driven by Strong Originations of $8.4 billion, Up 11% Versus Q3'18 PR Newswire DALLAS, Oct. 30, 2019 DALLAS , Oct. 30, 2019 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" or the "Company") today announced net income for the third quarter ended September 30, 2019 ("Q3 2019") of $233 million , or $0.67 per diluted common share. The Company has declared a cash dividend of $0.22...