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The Federal Reserve Board denied the capital plans of Citigroup, HSBC, RBS Citizens, Santander and Zions in its second round of stress tests this year.
March 26 -
Santander Bank, formerly Sovereign Bank, has launched a rewards-heavy credit card and made other creative retail moves in the U.S. as it tries to establish an identity beyond that of the foreign-owned bank with the tricky name.
February 5 -
With branches becoming more like expensive billboards, banks are searching for lower-cost ways to maintain visibility in existing markets and raise their profiles in newer ones.
March 19
Santander Bank in Boston has appointed Jerry Plush as chief financial officer of its U.S. holding company Santander Holdings USA, and Maria Tedesco as managing director of retail banking for Santander Bank.
Plush, who is a member of the Santander Holdings USA management committee and Tedesco, a member of the Santander Bank management committee, joined Santander in April. Both will be based in Boston and report to Roman Blanco, the president and chief executive of Santander US, the bank said in a company release.
Most recently Plush was president and chief operating officer of Webster Bank in Waterbury, Conn., where he also served as CFO and chief risk officer.
Twenty-five year retail and business banking veteran Tedesco joins Santander after serving in a variety of positions at RBS Citizens Financial Group in Providence, R.I., including most recently as group executive vice president and head of retail banking.
Plush and Tedesco bring "deep local knowledge and experience that will complement our global reach and capabilities," Blanco said in a press release.
