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EX-99.1 - SHUSA RECAST OF REPORTABLE SEGMENTS - Santander Holdings USA, Inc.ex991q220148-ksegments.htm






 
 
 
 
 

 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 30, 2014

Santander Holdings USA, Inc.
(Exact name of registrant as specified in its charter)


 
 
 
 
 
Virginia
 
1-16581
 
23-2453088
(State or other Jurisdiction of Incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
 
 
75 State Street, Boston, Massachusetts
 
02109
(Address of Principal Executive Offices)
 
(Zip Code)

Registrant's telephone number, including area code: (617) 346-7200


 
N/A
(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:






o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




 
 
 
 
 

 



 
Item 8.01. Other Events
During the second quarter of 2014, the Company reorganized its management reporting structure in order to improve its structure and focus by better aligning management teams and resources with the business goals of the Company and to provide enhanced customer service to its clients. The organizational changes resulted in changes to the Company's segment reporting, which are more fully described in Exhibit 99.1 to this Current Report on Form 8-K. The Company's results for the year ended December 31, 2013 have been recast in Exhibit 99.1 to conform to the new composition of these reportable segments.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits


Exhibit No.
 
Description
99.1
 
 Results of Santander Holdings USA, Inc. for the year ended December 31, 2013 recast to reflect current segment reporting.














SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
 
SANTANDER HOLDINGS USA, INC.
 
 
 
Dated: September 30, 2014
 
By: /s/ Gerard A. Chamberlain
 
 
Name: Gerard A. Chamberlain
 
 
Title: Deputy General Counsel and Senior Vice President

EXHIBIT INDEX



Exhibit No.
 
Description
99.1
 
 Results of Santander Holdings USA, Inc. for the year ended December 31, 2013 recast to reflect current segment reporting.