MADRID/NEW YORK, Oct 21 (Reuters) - Spain's Santander SAN.MC launched its digital bank in the United States on Monday, which could help fund up to $30 billion in loans for vehicle purchases and ...
The Spanish banking giant Banco Santander introduced a nationwide digital bank in the United States on Monday, aiming to generate more deposits to help fund its U.S. auto lending business. Openbank, ...
NASHVILLE, Tenn. — Leaders at major national auto lenders described consumers facing economic pressures and expected auto finance portfolios to do worse in 2024 than in 2023. At an Auto Finance Summit ...
BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander” and “Santander US”) today announced that, effective March 2023, Bruce Jackson will assume the role of head of the Santander US Auto ...
NEW YORK, Nov 9 (Reuters) - Banco Santander Executive Chair Ana Botin plans to deepen the lender's corporate banking presence in the U.S. in renewable finance, auto lending and wealth as part of a ...
Banco Santander's undervaluation directs focus to its subprime auto lending subsidiary, Santander Consumer USA, amid potential for growth. SCUSA's strategic position and partnerships align with a ...
While some troubling findings surfaced, too, the Q2 2025 Paths to Prosperity report from Santander Holdings USA contains some upbeat information for dealerships and auto-finance providers. According ...
Before the first quarter of this year closes, Santander Consumer USA will have a new top executive. Santander Holdings USA recently announced that Bruce Jackson will assume the role of head of the ...
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Santander suffers £295m hit from car finance scandal
Santander has suffered a sharp drop in profits after setting aside £295m to cover costs from the motor finance mis-selling scandal. The high street banking giant, which is owned by Spanish lender ...
LAS VEGAS — Santander Consumer USA plans a national expansion this year for Drive.US, its digital auto retail platform allowing consumers to shop partner dealership inventory and filter it based on ...
Pent-up auto demand ticks higher amid vehicle price uncertainty and more frequent commuting. 77% believe they are on the right track to financial prosperity, a new survey high. Concerns about ...
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