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Finance Layoffs: Sovereign Bancorp and more

Sovereign Bancorp has laid off 517 employees in its Pennsylvania offices this year as the bank integrates with Banco Santander SA. , according to Philly.com. Full Article at DealScape

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  1. Pedestrians pass a construction site for a branch office of Banco Santander Wednesday, April 22, 2009 in New York. Madrid-based Banco Santander SA has purchased Philadelphia-based Sovereign Bancorp Inc. for $1.9 billion.
  2. The body of Lakewood, Wash. police Sgt. Mark Renninger is carried on a caisson as it passes his alma matter, Liberty High School in Bethlehem, Pa, Friday, Dec. 11, 2009.

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