Santander Holdings USA resolves regulatory case, but still faces others

NET INCOME from Brazil, Santander’s biggest market, jumped 77 percent from a year earlier, the bank said Wednesday. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE
SANTANDER HOLDINGS USA, the holding firm for Boston-based Santander Bank, confirmed Thursday the Federal Reserve has ended its 2015 enforcement action against the company for various regulatory deficiencies / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE
PROVIDENCE – Santander Holdings USA Inc. confirmed Thursday the Federal Reserve has ended its 2015 enforcement action against the company for having various regulatory deficiencies, but Santander is still dealing with a string of other regulatory matters. Santander Holdings, the holding company for Boston-based Santander Bank, said the company received the reprieve after making “substantial…
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