Reported about 1 month ago
Santander's executive chair, Ana Botin, announced that the bank will establish a full-service digital banking platform in the U.S. by the end of 2025, complementing its recent launch of high-yield savings accounts. This move aims to enhance its retail operations and support consumer loans, amidst a gradually recovering economy. Despite skepticism surrounding the U.S. market, Santander continues to expand its presence, following the exit of other European competitors.
Source: YAHOO