The Financial Industry Regulatory Authority (FINRA) announced Tuesday it ordered Santander Securities LLC to pay some $4.3 million in restitution to certain customers who were solicited to purchase Puerto Rican Municipal Bonds, or PRMBs.
Puerto Rico’s commercial banks will be observing today’s Martin Luther King holiday with special hours, scheduled as follows:
College students from more than 1,100 universities and research centers worldwide will now have free access to the new Becas Santander mobile application, launched through Banco Santander’s Santander Universidades division.
The board of directors of Banco Santander unanimously agreed Wednesday to appoint Ana Botín as its chair, following the sudden death of her father, Emilio Botín, who during his tenure steered the Spanish bank into one of the most relevant financial institutions in the world.
International financial magazine “Euromoney” has named Santander the “Best Bank in Western Europe, Spain, Mexico and Argentina in its 2014 annual awards.
Banco Santander, through its Santander Universities Global Division, has challenged university students from all over the world to design the official Formula One trophy which will be presented to the British and German F1 Grand Prix winners.
Banco Santander, through its global Santander Universidades division, will launch the third edition of the W30 Program: Developing Women Leaders in University Administration in partnership with UCLA Anderson School of Management to prepare women in university administration for leadership positions of increasing responsibility as the higher education landscape evolves.
Puerto Rico banks will be operating on a special schedule today in observance of the Washington’s Birthday holiday. Following are the schedules for the major banks.
Santander Bank, N.A. announced that its customers can now use its ATMs in Mexico and Puerto Rico free of charge.
Several days after downgrading Puerto Rico's general obligation bond rating to Ba2, or junk, Moody's Investors Service placed on review for downgrade certain ratings of three local banks: Banco Santander Puerto Rico, Popular Inc. and FirstBank Puerto Rico.
Banking industry magazines The Banker, part of the Financial Times group, and Private Banker International have named Santander Private Banking “Best Private Bank in Latin America 2013.” The Banker also classified Santander’s units in Spain and Mexico as “Highly Commended” — or finalists — in the “Best Private Bank 2013” category, the financial institution announced Thursday.
Banco Santander Puerto Rico reported a profit for the third quarter of 12 million euros and 64 million through September, an increase of 69.8 percent year-over-year.
The Santander retail banking brand was launched in the United States Thursday to 1.7 million retail, commercial and small business customers across the Northeast, with the rebranding of Sovereign Bank, company officials announced.
Banco Santander Puerto Rico, through its community reinvestment division, recently granted the Casa Juan Bosco in Aguadilla the Santander Solidarity Award in Education.
While it will be business-as-usual for the government and most private sector businesses, Puerto Rico banks will offer special hours today in observance of the Columbus Day holiday.
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