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U.S. Bancorp has hired a former Santander Bank executive to oversee the diversified industries segment of its large corporate banking division in New England.
March 19 -
Santander Consumer USA Holdings expects to endure more credit losses in the coming quarters, as it expands its portfolio of higher yielding, subprime loans. But its CEO sought to assure investors that its profits would far exceed those costs.
July 30 -
Last year started with a failed stress test and ended with the bank under scrutiny for everything from its capital management to its subprime auto lending policies. But regaining the confidence of regulators is only half the battle; Santander must also figure out how to regain market share its been losing to competitors.
January 5
Santander Bank has hired Siobhan Schroth as market director for corporate and commercial banking in New York and New Jersey.
Schroth joined the $85 billion-asset Santander on Aug. 31. The Boston-based company, a unit of Spain's Banco Santander, declined to name her predecessor.
Previously Schroth was president and market executive for Bank of America's middle-market commercial banking in the New York metro area.
Before that, she was chief operating and finance officer for JPMorgan Chase's investment banking group in Latin America and Canada.
She has 25 years' banking experience in middle market, corporate, structured finance and investment banking in senior origination, credit and risk management roles.
