Santander Bank can trace its roots back more than 100 years to 1902 when it was founded as Sovereign Bank in Wyomissing, Pennsylvania. Going back even further, Banco Santander was founded in Spain in 1857. During the 1920’s Santander began rapidly expanding, starting branches in the US. In June 2006, Sovereign Bank acquired Santander and decided to rename the company, Santander.
The company had annual revenue in 2013 of $3.345 billion and employed almost 10,000 persons in the US.
In 2011, Santander moved its headquarters from Wyomissing, Pennslyvania, to Boston, Massachusetts. All branches, including international branches, formerly named Sovereign Bank, were rebranded by the end of 2013.
The bank offers an array of financial services and products including retail banking, home mortgages, corporate banking, credit cards, cash management, insurance, and trust and wealth management services.
In March 2015, Scott Powell was appointed to be the head of U.S. business at Santander, and CEO of Santander Holdings USA, replacing Roman Blanco.
In December 2018, Santander named David Harnisch to be the head of their commercial banking division.
Santander Bank can trace its roots back more than 100 years to 1902 when it was founded as Sovereign Bank in Wyomissing, Pennsylvania. Going back even further, Banco Santander was founded in Spain in 1857. During the 1920’s Santander began rapidly expanding, starting branches in the US. In June 2006, Sovereign Bank acquired Santander and decided to rename the company, Santander.
The company had annual revenue in 2013 of $3.345 billion and employed almost 10,000 persons in the US.
History
In 2011, Santander moved its headquarters from Wyomissing, Pennslyvania, to Boston, Massachusetts. All branches, including international branches, formerly named Sovereign Bank, were rebranded by the end of 2013.
The bank offers an array of financial services and products including retail banking, home mortgages, corporate banking, credit cards, cash management, insurance, and trust and wealth management services.
In March 2015, Scott Powell was appointed to be the head of U.S. business at Santander, and CEO of Santander Holdings USA, replacing Roman Blanco.
In December 2018, Santander named David Harnisch to be the head of their commercial banking division.