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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...
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’s Brazil patience pays off as rebound lifts profit

MADRID - Banco Santander SA’s commitment to stick with Brazil even through recession is paying off as the country’s recovering economy and rising currency...
ROBOTS ASSEMBLE frames for the Sonata and Elantra vehicles at the Hyundai Motor Manufacturing Alabama. /BLOOMBERG NEWS PHOTO/LUKE SHARRETT

Wall Street hands automakers another problem, in the loan market

NEW YORK - On countless occasions in recent years, the U.S. auto industry has relied on cheap and easy credit from Wall Street to get...
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