May 20, 2018 10:32 PM ET

Banks

Company Overview of Santander Holdings USA, Inc.

Company Overview

Santander Holdings USA, Inc. operates as the holding company for Santander Bank, National Association that provides various banking products and services primarily in the Mid-Atlantic and Northeastern United States. Its Consumer and Business Banking segment offers demand and interest-bearing demand deposit accounts, money market and savings accounts, certificates of deposit, and retirement savings products; and consumer loans, including credit cards, home equity loans, and lines of credit. This segment also provides investment services; and annuities, mutual funds, managed monies, and insurance products. The company’s Commercial Banking segment provides commercial lines, loans, and deposits ...

75 State Street

Boston, MA 02109

United States

Founded in 1984

17,000 Employees

Phone:

617-346-7200

Key Executives for Santander Holdings USA, Inc.

President, CEO & Director
Age: 55
Senior EVP & CFO
Age: 52
COO & Senior Executive VP
Age: 55
Chief Executive Officer of Banco Santander International
CEO of Banco Santander Puerto Rico & CEO of Santander BanCorp
Compensation as of Fiscal Year 2017.

Santander Holdings USA, Inc. Key Developments

Santander Holdings USA, Inc. Declares Quarterly Dividend on Preferred Stock, Payable on May 15, 2018

Board of directors of Santander Holdings USA, Inc., parent company of Santander Bank, N.A., has announced it declared a dividend on SHUSA's Preferred Stock. A dividend payment of USD 0.45625 per share is payable on May 15, 2018 to holders of record on May 1, 2018 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock.

Quetglas Law Offices, P.S.C Files Securities Class Action against Santander Securities, LLC; Santander Bancorp; Santander Holdings USA, Inc.; Banco Santander Puerto Rico; and Banco Santander S.A

Quetglas Law Offices, P.S.C. (QLO) announced that on April 9, 2018, it filed an amended securities class action lawsuit on behalf of Jorge Ponsa-Rabell and other investors against Santander Securities, LLC; Santander Bancorp; Santander Holdings USA, Inc.; Banco Santander Puerto Rico; and Banco Santander S.A.  The action, which is captioned Jorge Ponsa-Rabell, et al. vs. Santander Securites, LLC, et al., 17-cv-02243-CCC (D. P.R.), asserts that during the period from December 2012 through October 2013, that is from December 1, 2012 through October 31, 2013 (the Class Period), through the omission or concealment of material facts, in violation of the federal securities laws, Santander solicited and caused the Plaintiffs and other putative Class members (the "Class") to purchase over $180 million worth of Puerto Rico Municipal Bonds and $101 million worth of Puerto Rico Closed End Funds and other Open-End Puerto Rico Funds. The action alleges that, as a result of the foregoing, Class members sustained severe economic losses. The deadline for filing a motion for appointment as Lead Plaintiff is June 11, 2018.

Santander Holdings USA, Inc. Declares Quarterly Dividend on Preferred Stock, Payable on May 15, 2018

Santander Holdings USA, Inc. announced that its Board of Directors declared a dividend on SHUSA's Preferred Stock. A dividend payment of $0.45625 per share is payable on May 15, 2018 to holders of record on May 1, 2018 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock.

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Recent Private Companies Transactions

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