WASHINGTON, March 23 Santander has agreed to
improve its consumer protections in an agreement with the
Federal Reserve announced on Thursday that did not include any
Santander has been under fire since 2015 when regulators
faulted the bank for charging unfair rates for auto loans.
Last month, the Office of the Comptroller of the Currency
failed Santander on a test of community lending.
Under the agreement with the Fed, Santander has two months
to improve management controls that would better protect
(Reporting By Patrick Rucker; Editing by Chizu Nomiyama)