Politics Economy Country 2025-11-20T10:31:54+00:00

Larry Summers Resigns from Banco Santander Board Over Epstein Ties

Former U.S. Treasury Secretary Larry Summers resigned as chairman of Banco Santander's advisory board following the publication of emails revealing his long-standing relationship with convicted sex offender Jeffrey Epstein. The bank confirmed his departure from public life.


Larry Summers Resigns from Banco Santander Board Over Epstein Ties

Larry Summers, former U.S. Treasury Secretary and former president of Harvard University, resigned this Wednesday as chairman of the International Advisory Board of Banco Santander. This decision comes after the publication of numerous emails revealing a prolonged relationship with Jeffrey Epstein, convicted of sexual offenses. According to sources at Banco Santander, Summers has decided to leave the advisory board, in line with his withdrawal from public life. This body provides strategic advice to the entity led by Ana Botin, focusing on areas such as innovation, digital transformation, cybersecurity, and emerging technologies. The Santander International Advisory Board also offers its perspective on various issues, including trends in capital markets, corporate governance, talent management, reputation and brand, as well as regulatory, compliance, and customer-oriented global financial services, as stated on the group's corporate website. Everything the new Epstein emails say about Trump (and what's to come). L.P. The U.S. has barely concluded the longest government shutdown in its history and is already caught in a new political whirlwind due to the publication of new emails from Jeffrey Epstein. To date, Summers led this board, which included prominent figures such as Sheila C. Bair, Francisco D’Souza, Carolyn Everson, José Fernández da Ponte, Juan Ignacio Gallardo Thurlow, George Kurtz, Mike Rhodin, Nadia Schadlow, and James Whitehurst. Previously, the former U.S. Treasury Secretary had already left the board of directors of the OpenAI Foundation and had expressed his intention to step away from his public responsibilities. In recent days, a House committee has made public years of electronic correspondence between Epstein and Summers. Among these messages, one stands out in which Summers sought advice on a personal relationship with a woman. Source: El Confidencial