Santander Bank charged some credit card customers a higher interest rate than they agreed to and could potentially be punished by regulators. Because of those overcharges, the bank has suspended the issuance of new credit cards to customers. No new cards have been issued since March.
What are you thoughts? #BetterBanks
Santander suspends issuing new credit cards due to overcharges
masslive.com
Santander Bank has confirmed that it charged some credit card customers a higher interest rate than they agreed to, a misstep that could potentially trigger punishment by regulators.
This bank owne by Botin family and a good global brand. When they bought Sovereign bank and moved the head quarter to Boston, new generation of bakers took over like a Wolfpack. They had no mercy on employees nor the consumers. They are trying to rebrand but with the same pack in charge, It will not happen unless cost of doing business goes up.
Frontline workers and Committee for Better Banks members handed out flyers at the Wells Fargo annual general meeting in Dallas today.
Frontline workers are essential to changing the culture at the bank! #BetterBanks
US Bank will close more than 300 branches over the next two years, cutting jobs by up 15 percent. Although the bank says the closures are due to the "changing ways that people get services from financial companies," Bank of America plans to actually add 350 new branches.
What are your thoughts? If consumers are using digital banking more, why are some banks opening hundreds of new branches? Will you be affected by these closures? #BetterBanks buff.ly/2ZtTyWa
U.S. Bank will overhaul 3,000-unit branch network, trimming up to 15 percent
sanluisobispo.com
U.S. Bank will close more than 300 branches over the next two years as it adapts to the changing ways that people get services from it and other financial companies, executives said.
Seems like a good way to keep the old school banking in-branch. I imagine that won't last too long, obviously. Capitalizing Short-term profit.
A little Friday humor. 😅
Brooke Herzog
Ashley Wiegand
Elizabeth Lopez
Mark Chris
Christie Xiong
Jennifier Pascarella Michayla Rabenold Sable E Mcgee
Jade Sarah Jc Fatima Nicole Kaysha
Bianca Barbosa 😂😂😂
Never have I ever 😂
Joy Hamilton Caramel-Berry customers arguing with me about debit card coverage and overdrafts 🤦♂️😂
Nick Bowman
Kelda Stephan😂
Krista Howell
Brenda Romero lmfao
Our new report shows that despite record high profits, layoffs at Bank of America Citi, Chase, Goldman Sachs, Wells Fargo, and Morgan Stanley exploded by 784% in 2018.
Why do you think this happened? Are big banks just concerned with padding the pockets of CEOs and shareholders? Read the report and let us know your thoughts! #BetterBanks buff.ly/2KHmjeD
AI and robotics automation will triple that number next year. There will be 10000 people working in financial services at the most by 2025.
Automation is what is causing job loss nationwide; it’s not immigrants here or cheap labor in other countries that’s causing it all. It’s that people are comfortable making deposits through an atm or their phone, checking themselves out at groceries stores, and ordering . Even the essientias like TP and soap from amazon.
This as I heard a rumor in the office today. Well alright then...
Banks want to run skeleton crews all the time while constantly demanding more and more