Santander Consumer USA Holdings Inc. stock price

Santander Consumer USA Holdings Inc. latest news:


  • 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

  • 07/28/2017 10:54:22

    Santander Makes Unexpected Subprime Gains as Competitors Pullback

    Following two consecutive quarters of double-digit origination declines, Santander Consumer USA came up relatively flat in total volume for the second quarter compared to the same period the year prior, the subprime lender reported during an earnings call today. Santander cited origination declines as evidence that credit criteria is tighteningRead More

  • 07/26/2017 09:57:04

    Employees Claim Santander’s ‘Stressful’ Workplace Harms Borrowers

    Pro-union groups are claiming Santander Consumer USA collections agents work under a high-stress environment, which is overly reliant on computer software that often inaccurately analyzes tone of voice, ranks employees based on “artificial” performance metrics, and makes it harder to assist financially distressed borrowers, according to a recently published paper.Read More

  • 07/05/2017 10:26:35

    5 Steps of Santander’s Compliance Revival

    Santander Consumer USA has not had an easy two years when it comes to regulatory compliance. In 2015, the company started getting hit with consent orders from the Federal Reserve for failure to pass a stress test. Later that year, the Department of Justice sent a consent order alleging the companyRead More

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