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Santander looks to boost investment bank operation

Sep. 28, 2015 9:35 AM ETBanco Santander, S.A. (SAN) StockSANBy: Stephen Alpher, SA News Editor2 Comments
  • Though one of the globe's largest lenders, Santander (NYSE:SAN) typically doesn't come to mind when thinking of the big players in investment banking.
  • The bank, however, has hopes of bringing its U.S. and U.K. investment banking businesses up to the same strength as that of its Brazilian and Spanish operations, reports the WSJ.
  • Easier said than done. Current bank boss Ana Botin previously tried and failed to build a major investment banking franchise in Asia for Santander.

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