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Market Chatter: Banco Santander's Chief Model Risk Officer to Depart at Year-End
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Market Chatter: Banco Santander's Chief Model Risk Officer to Depart at Year-End
Oct 11, 2024 11:38 AM

02:27 PM EDT, 10/11/2024 (MT Newswires) -- Banco Santander's (SAN) Chief Model Risk Officer Angel Mencia is set to leave at the end of the year after seven years at the Spanish lender, Bloomberg reported Friday, citing people familiar with the matter.

Mencia and the bank are finalizing the terms of his exit, the people reportedly told Bloomberg.

Bloomberg said that a representative for Banco Santander declined to comment.

Banco Santander did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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