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Fed Orders Santander To Boost Oversight Of Auto Unit

By Evan Weinberger (March 23, 2017, 4:01 PM EDT) -- The Federal Reserve on Thursday ordered the Spanish bank Banco Santander SA's U.S. unit to increase its oversight of its subprime auto lending operation, the second time in two years that the bank's oversight for consumer protection violations has been cited by the central bank....

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