Banco Santander (México), S.A. (formerly Banco Mexicano) is a commercial bank that provides banking and credit services to private and corporate clients in Mexico. The Bank is a wholly-owned subsidiary of Grupo Financiero Santander Mexico, S.A. de C.V., which is the country's fourth largest financial group by assets. Total assets: US$ 61.83 billion (as of December 31, 2012).
The Bank offers a wide range of financial products and services including home loans, credit cards, personal loans, pension fund services, insurance, pension fund services, financing services, treasury management, trust management, and foreign trade services.
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No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters