Well, for Santander Bank, it means closing locations. Last week, the Spanish company revealed that it will be shuttering 18 ...

Santander Bank has notified regulators that it plans to close about 4.5% of its U.S. branch network this summer, with all of the shutdowns slated to affect locations in the Northeast. The U.S.

Santander said the changes are being made as customers increasingly switch to online banking, with it citing a 63% surge in digital transactions since 2019 while branch transactions have slumped ...

Most of the job cuts relate to the branch closures, but about 12% are because of the reduced-hour proposals. Santander said the overhaul comes in response to customers increasingly switching to ...