Santander Group (NYSE: STD) is a banking group centered on Banco Santander, one of the largest banks in the world. Founded in Northern Spain in 1857, Santander has a successful history in retail and commercial banking and has grown to become the fourth largest bank in the world by profits and eighth by stock market capitalisation. The company serves over 90 million customers and 3.0 million shareholders through a network of more than 13,600 branches worldwide. Its presence is concentrated in 9 major markets: Spain, Portugal, Germany, the UK, Brazil, Mexico, Chile, Argentina and the US. Retail banking - the main aspect of Santander's operations - generates 82% of the group's profit. In 2008, the Santander Group achieved another important milestone with the acquisition of the US bank Sovereign, with strong presence in the retail banking market in the north east of the country.
Santander develops its business in three core areas:
Continental Europe: The main commercial units are: the Santander network with 2,934 branches, Banesto (1,773 branches), Santander Totta in Portugal with 763 branches and Santander Consumer Finance, operating in Spain, Germany, Italy and the Nordic countries.
Head Office address:
Representative office in South Africa
Santander in the USA
Sovereign Bank is a wholly owned subsidiary of Grupo Santander and is headquartered in Wyomissing, Pennsylvania. In 2005, Sovereign and Santander established a strategic partnership, and in 2009, Sovereign joined Santander Group. Sovereign was founded in 1902 and is one of the largest banks in the Northeastern U.S. It provides a wide range of financial services, including retail and corporate banking, cash management, capital markets, wealth management and insurance. Sovereign Bank operates over 750 retail banking offices and 2,300 ATMs from Maine to Maryland.
Sovereign Bank headquarters:
Santander Consumer USA Inc.
P.O. Box 961245,
Fort Worth, TX 76161-1245
Tel: 877 - 374-8305 (Toll Free)
Servicing Direct: (888) 222-4227
Business start date: 1995
Principal: Mr. Thomas Dundon, President / CEO
Santander Consumer USA is a leading company in the automotive finance sector. With its Drive, RoadLoans and Santander Auto Finance brands, the company provides full-spectrum auto lead and lending programs on direct and indirect platforms. The company is headquartered in Dallas.