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Reuters: Business News

Santander to pay $22 million to resolve subprime auto loan probes

BOSTON (Reuters) - A unit of Banco Santander SA has agreed to pay $22 million in connection with what the attorney general in Massachusetts called a first-in-the-nation settlement involving subprime auto loan securitization.

Posted: Wed 29th of March, 2017

Banks to London staff: no panic as Britain launches EU divorce process

LONDON (Reuters) - Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday.

Posted: Wed 29th of March, 2017

S&P, Nasdaq lifted by energy, discretionary stocks

(Reuters) - Gains in energy and consumer discretionary stocks propped up the S&P 500 and the Nasdaq on Wednesday, but the Dow Jones Industrial Average slipped due to losses in healthcare stocks.

Posted: Wed 29th of March, 2017

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