Santander Consumer USA Acknowledges Talks With Fiat Chrysler
Santander Consumer USA, a subsidiary of the Spanish bank, has assured the US markets regulator (the SEC) that it is in talks with Fiat Chrysler about its plans in the US.
Santander USA
Santander Will Not Have To Take Fed’s Qualitative Stress Test In 2017
Santander will not have to take the Fed’s qualitative stress test. From this year, only those banks with over $250 billion on their balance sheet. Its US holding has just $142 billion in assets. Not having to take the qualitative part of the test will increase Santander’s flexibility for implementing its plans to reward shareholders (dividends and/or share buybacks).