Us Consumer Lending news and trends

Santander’s US Lending Unit Under SEC Microscope

March 02, 2016
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Santander’s US Lending Unit Under SEC Microscope

March 02, 2016
Banco Santander SA, with an eye on its units based in the United States, is taking a $4.8 billion goodwill impairment charge tied to its consumer lending unit. The Wall Street Journal reported that the goodwill charge (which is non-cash) came in the wake of that unit’s share price sliding in the fourth quarter of […]