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1500 Market St. Philadelphia, PA 19102 PA Tel. 610-320-8400 Fax 610-320-8448 |
Type: Subsidiary
On the web:
http://www.sovereignbank.com
Sovereign Bank reigns in the Northeast, where it has about 750 branches in eight states. The bank caters to individuals and small to midsized businesses, offering deposit products, credit cards, insurance, and investments, as well as commercial loans and mortgages (which together account for more than half of its total portfolio) and residential mortgages and equity loans (around a third). Sovereign Bank, which has grown by making some 30 acquisitions since 1990, also originates auto loans in the Southeast and Southwest. Spain-based Banco Santander Central Hispano owns the company.
Officers:
Chairman, President, and CEO: Gabriel Jaramillo
CFO: Guillermo Sabater
VP Corporate Communications, Soverign Bank: Ellen Molle
Competitors:
Bank of America
Citizens Financial Group
PNC Financial




