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own for approximately US1.9 billion (1.4 billion). As part of the deal, Grupo Santander acquired ABN amro's subsidiary in Brazil, Banco Real, and its subsidiary in Italy, Banca Antonveneta. 11 The Swedish Financial Supervisory Authority (FI) has pointed out that there are "serious deficiencies" in how Nordea monitors money laundering, and has given the bank two warnings.
16 Santander renamed the bank to enhance its global brand recognition in October 2013. 22 In June 2014 Santander bought GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for 700 million euros (950 million). Nordea is listed on the. The acquisition of Sovereign gave Santander its first retail bank in the mainland United States. 5 page needed In 2007 the bank officially changed the official name back to Banco Santander.A. Retrieved September 26, 2018. "Spain's Santander to buy 51 percent of El Corte Ingles finance arm". "SovereignSantander Picks New Agency".
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