philanthropy

Sovereign commits to Sandy relief

COURTESY SOVEREIGN BANK
MARKING SOVEREIGN BANK-BANCO SANTANDER'S commitment to help victims of the Hurricane Sandy, Sovereign president and CEO Jorge Moran (with gavel) rang the bell to close the New York Stock Exchange on Nov. 20. The bank already has donated $250,000 to the American Red Cross and has committed up to $500,000 more in matching funds for relief efforts. Joining Moran were Fernando Alonso, center, two-time Formula One automobile driver champion and Josh Lockwood, in red jacket to Alonso's right, CEO of the New York region's Red Cross chapter.
Posted 11/27/12

NEW YORK – Sovereign Bank N.A. executives and the Formula One automobile racing team it sponsors, have made major commitments to support relief efforts related to Hurricane Sandy.

To draw attention to the support, Jorge Moran, president and CEO of Sovereign, the U.S. subsidiary of Spain’s Banco Santander S.A., rang the closing bell of the New York Stock Exchange on Nov. 20 along with Fernando Alonso, the two-time winner of the Formula One driver title, whose Ferrari is sponsored by Santander.

The bank has donated $250,000 to the American Red Cross for its hurricane disaster relief fund. “Our hearts go out to those who have suffered from the devastation caused by Hurricane Sandy,” said Moran, who has toured the barrier islands of New Jersey as well as Staten Island, New York and seen firsthand the damage done by the storm. “We hope these donations will help bring life back to normal for so many people,” he added.

Sovereign-Santander also has committed to matching up to $500,000 in donations made in bank branches by employees or bank customers.

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Register today for the First Annual PBN Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Click here for more information, including the list of winners.
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News