Santander US holding to buy 20% of U.S. consumer unit for $2.5 billion

The deal values the entire Santander Consumer U.S. unit at $12.7 billion, Santander said in a statement. The offer of $41.5 per share to buy out the stake of around 20% represents an increase of 6.4% ...
Auto Remarketing

Santander rolls out Drive Together to generate more pre-qualified leads from dealer websites

Santander Consumer USA wants to help more dealers reach potential buyers who need financing to complete delivery, so the company launched Drive Together, a digital retail tool and expansion of ...
GCN

Santander to combine digital and consumer units in cost-cutting move

Banco Santander is integrating Openbank with Santander Consumer Finance as part of an internal adjustment focused on merging operational efficiencies and customer propositions. The company included ...
Auto Remarketing

Santander Q4 survey shows ongoing optimism of middle-income Americans who see value of used cars

Here’s some positive news to start your week already filled with industry conferences courtesy of Santander Holdings USA. The ...
Business Wire

Santander US Survey Finds Middle-Income Consumers Bullish on Economy, Expect Their Finances to Improve This Year

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US”) today announced new survey findings that show middle-income consumers are feeling optimistic about the economy and their own ...
Financial IT

Mahesh Aditya Appointed New CEO of Santander UK

Santander today announced the appointment of Mahesh Aditya, currently group chief risk officer (CRO), as Santander UK’s next ...