Trade Santander stock with binary options
The Santander Group is a Spanish company in the banking sector, owned by Banco Santander, S.A. It is one of the largest banks in the Eurozone by market capitalization. The group was created in the city of Santander by decree of Queen Isabella II of Spain to facilitate exchanges between the port of Santander and South America, in the Cantabria region of Spain. Its operational headquarters is located in Boadilla del Monte (Community of Madrid). The Group has expanded over recent years via many acquisitions and has operations in Latin America, North America and Asia. In 2010, Forbes Global 2000 ranked the Santander Group as the 6th largest company in the world.
Santander’s business activities: The Banco Santander Group holds a leadership position in all banking activities: retail banking, investment banking, asset management and private banking.
– Commercial banking: retail banking activities and specialized financial services (consumer credit, mortgages, etc.);
– Investment banking, financing and the market: conventional and specialized financing activities (acquisition and project financing, etc.), financial engineering (consulting on mergers and acquisitions, stock trading, etc.), activity on the stock markets, interest rates, exchange rates, etc.;
– Asset management and private banking. The group also developed insurance business through Santander Seguros and Banesto Seguros.
A few figures: The Group has a network of 13,390 agencies located primarily in the UK (1157), in Continental Europe (5790) and in Latin America (4436).
The geographical distribution of Santander’s revenues is: UK (13.1%), Continental Europe (33.2%), Latin America (45%), US (3.2%) and others (5.5%) The group employs more than 182,958 people and has 90.1 million customers, largely in Europe and Latin America.
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