What does SVRN mean in NASDAQ SYMBOLS
Sovereign Bancorp, Incorporated was a regional financial services company based in Wyomissing, Pennsylvania. It operated more than 400 offices and over 2,000 ATMs primarily located in the Eastern United States.
SVRN meaning in NASDAQ Symbols in Business
SVRN mostly used in an acronym NASDAQ Symbols in Category Business that means Sovereign Bancorp, Incorporated (de-listed)
Shorthand: SVRN,
Full Form: Sovereign Bancorp, Incorporated (de-listed)
For more information of "Sovereign Bancorp, Incorporated (de-listed)", see the section below.
Essential Questions and Answers on Sovereign Bancorp, Incorporated (de-listed) in "BUSINESS»NASDAQ"
What was Sovereign Bancorp?
Sovereign Bancorp was a regional financial services company based in Wyomissing, Pennsylvania.
How many offices and ATMs did it operate?
Sovereign Bancorp operated more than 400 offices and over 2,000 ATMs primarily located in the Eastern United States.
Where was Sovereign Bancorp located?
Sovereign Bancorp was based in Wyomissing, Pennsylvania.
What type of financial services did it offer?
The company provided traditional banking services such as deposits, lending products like loans and mortgages, wealth management services and insurance products.
Why is it de-listed?
In 2010, Sovereign Bank merged with Santander Group's U.S. banking unit to become Santander Bank N.A., resulting in its de-listing from the New York Stock Exchange (NYSE).
Final Words:
Soverign Bank Corp Inc., previously known as SVRN is a financial institution that has ceased to exist due to its merger with Santender Group's U.S Banking which resulted in its de-listing from the NYSE.