Jorge Moran resigned abruptly Tuesday from his position as CEO of Sovereign Bank and of Banco Santander's U.S. subsidiary, Santander Holdings USA, after fewer than three years on the job. Roman Blanco, who has worked for the bank since 2004, mostly in Latin America, will take over as CEO. The moves mark the third time leadership has changed since Banco Santander bought Sovereign in 2009.

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