Primer: Banco Santander Sa (SAN SM) - Nov 2025
Geographic Diversification as a Key Strength: Banco Santander's extensive presence across Europe, North America, and South America provides a...
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Upgrading Spain to Overweight; EM Uptrend Break; Buys in Discretionary, Financials, Materials
Upgrading Spain $EWP to Overweight; EM Uptrend Break $EEM $VWO; Lows likely "in" on $SPX and $ACWI; Buys Focused in global Discretionary,...
366 Views
€10bn Share Buyback
​Santander's strong 2024 financial performance includes record net profit, revenue growth, and buyback plan to boost EPS and share price,...
245 Views
AT1 Bonds; Life After Credit Suisse
The CS AT1 write-off due to UBS's acquisition is an unconventional action on bondholders versus shareholders, implying a rising banks' cost of...
608 Views
Caution Warranted; ACWI-US At $93 Resistance; Buys in Communications, Staples, Materials, Financials
With the MSCI $ACWI approaching the top-end of our expected 2023 trading range at $93, we see limited upside from here and believe caution is...
654 Views