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BANCO SANTANDER IS seeking to increase control of its U.S. subprime auto loan unit, which seems more likely now after the bank passed the Federal Reserve's bank stress test last month. /BLOOMBERG FILE PHOTO /ANGEL NAVARRETE

Boston-based Santander Bank reports $157 million profit in Q2

PROVIDENCE – Santander Bank reported a 6 percent increase in profit in the second quarter on Wednesday. The Boston-based United States retail and commercial banking...
BANCO SANTANDER acquired the failing Banco Popular after European authorities intervened to prevent it from shuttering. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Banco Santander acquires Banco Popular in Spain

MADRID – Banco Santander, parent of Santander Bank, last week acquired the failing Banco Popular in Spain, according to a report by Reuters. Santander, the...
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