Skip to content

Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Federal Reserve orders governance overhaul at Banco Santander U.S. units

The Federal Reserve issued an order Tuesday requiring Banco Santander SA to change the way the board of directors oversees the management and operation of its U.S. subsidiaries.

The Fed said an inspection of Santander Holdings USA conducted by the Federal Reserve Bank of Boston identified deficiencies throughout the organization, including its “governance, risk management, capital planning, and liquidity risk management.”… Continue Reading