Banco Santander (SAN.MC) is in the process of monetizing some of their international assets to meet Basel III requirements, which seems to include looking at an IPO of their Mexican operations.  It will be interesting to see how much they sell, and at what multiple to earnings and book value the stock will be valued...Read More

Fortune Magazine did a great job profiling Banco Santander (STD) Chairman Emilio Botin who has built a family run Spanish regional bank into the largest European bank by market capitalization.  I really appreciate his philosophy of buying banks with an international presence during a period of turmoil, and then helping them recover through incorporating his...Read More