Satander news and trends

Fed Demands Santander Clean Up Risk Management

July 08, 2015
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Fed Demands Santander Clean Up Risk Management

July 08, 2015
The Federal Reserve is mandating that Banco Santander SA make sweeping changes in its risk management practices at its U.S. unit, The Wall Street Journal reported Tuesday (July 7). The Fed’s actions come in the wake of the bank’s consistent failure to address the Fed’s concerns about repeated deficiencies tied to Santander’s capital controls, daily […]