BOSTON, Oct. 2, 2018 /PRNewswire/ -- Santander Bank announced today the formation of its direct private investment practice and has named industry expert Michael Anthony to head the group. The practice connects Santander's Commercial Banking customers with potential family office partners who are able to provide non-traditional liquidity and alternative capital solutions through direct private investments. Michael, who brings over 20 years of experience in alternative investments and family office consulting, is based in Boston and reports to Robert Rubino, Santander Bank's co-president and head of Commercial Banking.
"The addition of our direct private investment practice to our suite of Commercial Banking offerings builds on our commitment to bring valuable ideas and execution capabilities to our clients," said Rubino. "Michael's extensive direct investment experience and diverse industry knowledge make him the ideal candidate to lead this new business that differentiates us from our peers and matches Santander's customers seeking capital with private investors."
Prior to joining Santander, Michael served as the director and global head of the family office practice group at Citizens Bank where he cultivated and maintained relationships with new and existing clients in the Bank's capital markets business. He worked at Bank of New York Mellon (BNY Mellon) as a vice president, alternative product manager and as a relationship manager serving the financial needs of alternative fund clients. Prior to BNY Mellon, Michael was a member of the American Stock Exchange as an independent derivatives market maker. He also is a founding member and managing director at Boston Family Office Consultants, a firm started by industry professionals that connects single family offices with alternative investment opportunities.
Michael earned a B.S. in finance from the University of Connecticut, Storrs and holds FINRA Series 63 and 79 licenses.
Santander Bank, N.A. is one of the country's largest retail and commercial banks and an active provider of capital, treasury management, risk management and international solutions to thousands of corporate and institutional clients across a wide variety of industries and geographies in the United States. Offering specialty groups of experienced bankers in Asset Based Lending, Government Banking, Auto Finance, Commercial Real Estate Banking, Commercial Equipment & Vehicle Financing, Technology, Media & Telecommunications (TMT), Healthcare, Transportation & Logistics, Food & Beverage and Consumer Retail, along with experts in Middle Market and Corporate & Investment Banking, Santander earns the loyalty of its commercial banking clients by offering services that help them manage their operating needs, maximize their working capital and grow their business domestically and internationally. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN) - one of the most respected banking groups in the world with more than 125 million customers in the U.S., Europe, and Latin America. For more information, please visit www.santanderbank.com.
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SOURCE Santander Bank, N.A.
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