Company Profiles – Santander

Morgan Stanley, Barclays, UBS and HBOS depart, Santander enters. We’re speaking concerning the Dow Jones World Titans 50 index. The index lists the 50 largest corporations of developed nations in accordance with their market worth. As a result of current monetary disaster, the primary talked about banks needed to depart this index. Santander just lately bought listed. Telefonica one other Spanish company was already on the listing 회사소개서 PPT디자인.

It is just after, or nonetheless in the course of the monetary disaster which continues to be ongoing that the real attribute of a company turns into clear. Santander shares misplaced lower than 20% of their worth this yr which is a small decline in comparison with Halifax of Scotland, UBS or just lately Fortis which shares misplaced solely at this time about 20%. Santander just lately introduced that this yr’s income will exceed 10 billion euros.

A part of the success of Santander is because of its focus, which is proscribed to retail banking and with a geographical diversification.
One other pillar of its growth success is an clever takeover coverage. Westminster Abbey was taken over – and can attribute about 1,4 billion to this years’ income, one other takeover was finished final yr.

Santander is the one bank of the RBS consortium that acquired ABN AMRO (in 2007) that did not need to situation new capital to maintain up with the solvency pointers from the Bank of Spain. Santander bought into the consortium to accumulate the previous Banco Real in Brazil which contributed to earlier yr’ earnings and past preliminary expectations. Earlier than the top of the top Santander bought the Italian a part of ABN AMRO (Antonveneta) for two,36 billion euros. That was at a time the place valuations had been nonetheless elevated. Fortis on the opposite hand purchased the Dutch a part of ABN AMRO and is engaged in all types of reorganizations earlier than future advantages in synergies.

The family-structure is one other distinctive attribute of this company. The president of the company is Emilio Botin, and his son Javier Botin is member of the managing board.

The company is listed on the IBEX 35, the Spanish Inventory index.

H.J.B.