Santander : Private Banking to Acquire Indosuez Wealth Management Business in Miami
03/16/2021 | 07:02am EDT
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As part of the agreement, Santander Private Banking plans to purchase $4.3 billion in client assets and liabilities with related staff from Indosuez Wealth Management.
The transaction is projected to close by the end of the first half of 2021.
Santander Private Banking today announced that it has reached an agreement with Indosuez Wealth Management (“Indosuez”) – the global wealth management brand of Crédit Agricole group – to purchase $4.3 billion in client assets and liabilities. The transaction is subject to regulatory approval and satisfaction of customary closing conditions, and is expected to close by midyear 2021.
Santander Private Banking to Acquire Indosuez Wealth Management Business in Miami
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Santander Consumer USA Names Bruce Jackson as Head of Santander Auto Finance
Industry veteran will lead core auto finance channel, alongside Shawn Allgood, who will continue to lead Chrysler Capital
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DALLAS, Feb. 9, 2021 /PRNewswire/ Santander Consumer USA Holdings Inc. (NYSE: SC) ( SC ), has named Bruce Jackson as Head of Santander Auto Finance, effective April 28, 2021. Mr. Jackson will join the SC leadership team and report directly to Mahesh Aditya, President and CEO of SC. Mr. Jackson will lead SC s core auto originations channel, serving alongside Shawn Allgood, who remains Head of Chrysler Capital and Auto Relationships. In order to provide exceptional service to our dealer network, Mr. Jackson and Mr. Allgood will manage sales, originations and funding operations for their respective lines of business.