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Mr. Solomon is now head of the bank's financing group.
The automotive financing group in the United States has been a point of strength for Santander.
One indication of the continuing slump was the recent report by Investcorp, the Mideast financing group that bought Saks Fifth Avenue.
Transfers may change the composition of spending to the extent that the benefiting group spends its resources differently than the financing group.
London Forfaiting, the trade financing group, managed a remarkable recovery yesterday despite reporting a loss of more than £56 million for the calendar year of 1988.
It was the perfect way to unwind, said his wife, Helaine, after an intense workweek at Sandler O'Neill & Partners, where he eventually became managing director of the mortgage financing group.
Similar(47)
The Agency for International Development is increasingly financing groups promoting abstinence.
And European governments spend taxpayers' money financing groups encouraging them to do so.
More recently Mr. Maduro accused them of directing and financing groups opposed to the government.
In the United States, the Open Society spends $150 million a year financing groups such as the American Civil Liberties Union and Planned Parenthood.
Then in 2008, the company promised shareholders it would stop financing groups that had become a "distraction".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com