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BANCO SANTANDER reached an agreement with unions cut 3,223 jobs in Spain, 13% less than the bank’s original proposal of 3,700 cuts. / BLOOMBERG NEWS FILE PHOTO/ANTONIO HEREDIA

Santander, unions reach agreement on 3,223 job cuts in Spain

MADRID, Spain – Banco Santander SA reached an agreement with unions to cut 3,223 jobs in Spain as the lender seeks to capitalize on...
BANCO SANTANDER SA plans to cut its workforce by 11% in Spain. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander plans to cut Spain workforce by 11% in efficiency push

NEW YORK – Banco Santander SA plans to cut its workforce by 11% in Spain as the lender continues the process of shuttering duplicated...
CITIZENS BANK earned a score of 800 out of 1,000 on the J. D. Power 2019 Customer Satisfaction ratings for New England. / COURTESY J.D. POWER & ASSOCIATES

Citizens Bank scores just above average in J.D. Power customer satisfaction...

PROVIDENCE – Citizens Bank earned an 800 score on a 1,000 point scale in J.D. Power & Associates’ 2019 U.S. Retail Banking Satisfaction Survey...
CITIZENS BANK ranked among the top U.S. banks in the Forbes' first World's Best Bank list, based on customer surveys. / BLOOMBERG NEWS FILE PHOTO/SCOTT EISEN

Citizens ranks among top U.S banks in Forbes survey report

PROVIDENCE – Citizens Financial Corp. ranked No. 52 on Forbes Best Banks rankings in the United States, part of the publication’s 2019 Worlds Best...
JP MORGAN CHASE said Friday it will open 12 retail bank branches in Greater Providence and Rhode Island, with the first branch opening in June in Providence. / BLOOMBERG NEWS FILE PHOTO/SCOTT FELLS

JPMorgan Chase discloses details of R.I. plans

PROVIDENCE – JPMorgan Chase & Co. will open its first of 12 retail bank branches in Greater Providence and Rhode Island in June, the company...

U.K. finance watchdog makes less from fines after a bumper year,...

LONDON – The total value of fines handed out by the United Kingdom’s Financial Conduct Authority fell by almost 75 percent in 2018, after...
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 resolves regulatory case, but still faces others

PROVIDENCE – Santander Holdings USA Inc. confirmed Thursday the Federal Reserve has ended its 2015 enforcement action against the company for having various regulatory...
BANCO SANTANDER SA reported net income of $2.51 billion for the first quarter of 2018, while its U.S. operations, which include Santander Bank, posted earnings of $152.7 million. / BLOOMBERG FILE PHOTO/ANGEL NAVARETTE

Santander U.S. operation posts $153M profit for Q1

PROVIDENCE – Banco Santander SA’s United States operations reported profit of $152.7 million (125 million euros), a more than 50 percent increase from about...
SANTANDER BANK raised its minimum wage to $15 in all of its U.S. branches and call centers. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander raises its minimum wage to $15/hr

PROVIDENCE – Santander Bank announced that it is raising its minimum wage for its employees to $15 an hour.The increase in wages stems from...
ROCKLAND TRUST topped J.D. Power’s annual U.S. Retail Banking Satisfaction Study in New England. /COURTESY J.D. POWER

Rockland Trust tops J.D. Power Retail Banking Satisfaction Study

PROVIDENCE – Rockland Trust topped J.D. Power’s annual U.S. Retail Banking Satisfaction Study in the New England region, while Santander was last on the...
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