July 30, 2015 / 7:18 PM / in 3 years

Santander says former U.S. regulator Bair resigns from board

MADRID (Reuters) - Spanish bank Santander (SAN.MC) said on Thursday former U.S. banking regulator Sheila Bair had resigned from its board after being named rector of Washington College in Maryland.

People walk past a Santander bank branch in Madrid, Spain, July 30, 2015. REUTERS/Susana Vera

Bair, who ran the Federal Deposit Insurance Corporation (FDIC) from 2006 to 2011, was appointed to the board of the euro zone’s biggest bank, which is making a big push in the United States, 18 months ago.

Her departure leaves just two non-Spaniards on its board: Mexican Carlos Fernandez Gonzalez and Bruce Carnegie-Brown of Britain.

Reporting by Sonya Dowsett; Editing by Mark Potter

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below