Banco Santander
Spanish multinational bank / From Wikipedia, the free encyclopedia
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Banco Santander S.A. doing business as Santander Group (UK: /ˌsæntənˈdɛər, -tæn-/ SAN-tən-DAIR, -tan-, US: /ˌsɑːntɑːnˈdɛər/ SAHN-tahn-DAIR,[2][3] Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 19th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by the Financial Stability Board.
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 The façade of Banco Santander headquarters in Santander, Spain. | |
| Company type | Sociedad Anónima |
|---|---|
| ISIN | ES0113900J37 |
| Industry | Financial services |
| Founded | 15 May 1857; 167 years ago (1857-05-15) |
| Headquarters | , Spain |
Area served | Worldwide |
Key people | Ana Patricia Botín (Group Executive chairman) José Antonio Álvarez (Vice chairman) Héctor Grisi Checa (CEO) |
| Products | Retail, corporate, investment and private banking, insurance, asset management, private equity |
| Revenue |  €57.423 billion (2023)[1] |
| €11.08 billion (2023)[1] | |
| AUM | €460.3 billion (2023)[1] |
| Total assets | €1.797 trillion (2023)[1] |
| Total equity | €104.2 billion (2023)[1] |
Number of employees | 212,764 (2023)[1] |
| Website | santander |
Many subsidiaries, such as Abbey National, have been rebranded under the Santander name. The company is a component of the Euro Stoxx 50 stock market index. In June 2023, Santander was ranked as 49th in the Forbes Global 2000 list of the world's biggest public companies.[4] In 2023, the company was ranked 49th in the Forbes Global 2000.[5] Santander is Spain's largest bank.[6]
Banco Santander is chaired by Ana Patricia Botín-Sanz de Sautuola O'Shea, daughter and granddaughter of former chairmen Emilio Botin-Sanz de Sautuola y García de los Ríos and Emilio Botín-Sanz de Sautuola López, respectively.
Santander has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[7][8]