Santander to expand U.S. operations through Verizon partnership, WSJ says

Santander (SAN) is aiming to expand its U.S. operations through a partnership with Verizon (VZ) that utilizes the telecommunications giant’s massive customer base, the Wall Street Journal’s Gina Heeb reports. The two parties have reached an agreement that will allow some of Verizon’s customers to earn bill credits if they open a high-yield savings account with the Spanish lender’s new digital bank platform and hit particular balance thresholds, the author notes.