Santander Consumer USA Holdings Inc. stock price

Santander Consumer USA Holdings Inc. latest news:

  • 11/20/2017 09:19:19

    Santander to Pay Former CEO Thomas Dundon $713 Million in Exit Deal

    Santander Consumer USA agreed to pay Thomas Dundon — who was the subprime lender’s former chief executive, chairman, and one of its founders — more than $700 million in an exit deal, according to a Securities and Exchange Commission filing. The deal has been more than two years in the making, as Dundon departed Santander […]

  • 11/10/2017 10:47:04

    Santander Keeps Credit Risk Conservative in First FCA Lease ABS

    Santander Consumer USA this week issued its first-ever lease securitization from the company’s Chrysler Capital division, and the credit risks look to be in line or slightly less than its peers in the captive space, according to an analysis by S&P Global.   The pool is backed by 34,000 lease contracts valued at $872 million, […]

  • 10/12/2017 10:03:17

    Santander Aims to Bolster FCA Relationship With Executive Shuffle

    Santander Consumer USA announced a series of executive changes last week, leaving many asking why? One explanation may be that it’s a way to bolster its relationship with Fiat Chrysler Automobiles, Christopher Donat, managing director of equity research at Sandler O’Neill, told Auto Finance News.   “[FCA] is their singleRead More

  • 10/02/2017 10:45:54

    Santander Consumer Shakes Up Executive Leadership Team

    Santander Consumer USA continued its executive-level shakeup today with the appointment of a new chief financial officer, a head of operations, and president of Chrysler Capital under the leadership of Chief Executive Scott Powell, who took over as company lead in late August. Juan Carlos Alvarez is succeeding Ismail (Izzy)Read More

  • 09/12/2017 10:12:26

    Auto ABS Issuers Pull Pools Back From Harvey, Irma Impacted Areas

    During one of the busiest times for the secondary market, auto lenders are excluding vehicles affected by Hurricane Harvey from ABS issuances over fears of negative-equity deals, according to presale reports.   Exeter Finance Corp., Fifth Third Bank Dealer Financial Services, Ford Motor Credit Co., and Santander Consumer USA haveRead More

  • 09/11/2017 10:05:33

    Ally, Santander Hit Hardest From Harvey, Await Irma Reports

    As analysts seek to assess auto damages in Florida after Hurricane Irma made landfall over the weekend, damage from Hurricane Harvey is coming into focus. The latest report from Morgan Stanley predicts Ally Financial and Santander Consumer USA could see earnings declines of 12% to 18%, given their high concentrationRead More

  • 08/28/2017 10:42:07

    CEO Jason Kulas Splits From Santander After 10 Years

    Santander Consumer USA’s President and Chief Executive Jason Kulas is stepping down “effective immediately” in order to “pursue other opportunities,” ending his 10-year run with the company, the board announced in a press release today. Kulas will be replaced by Scott Powell, chief executive of Santander Holdings USA (SHUSA) theRead More

  • 08/25/2017 10:34:57

    Ally, Santander Score Regulatory Wins for Investors

    Ally Financial Inc. and Santander Consumer USA both scored regulatory wins this week that impact their ability to pay back investors, which could be a signal of saturated growth in the auto finance industry. For Ally, the Federal Reserve this week released the bank from a commitment it made inRead More

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