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'Spanish Banking Invasion' spanish banks

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Spanish Banking Invasion

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10/03/08 23:04

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Spanish Banking Invasion

The biggest banking group in Spain, Santander aided British banks Brandford and Bingley saving it from bankruptcy and may cause economic meltdown.

Santander is lead by a 73 year old charismatic patriarch Emilio Botin. He undoubtly the the most influential man in Spain.

Santander's grand plan is to become the top bank in the world. It already took the Eurozone, Latin America market making it the 7th top bank globally.

Link: The Big Question: Why are Spanish banks in such rude health when ours are ailing? - Big Question, Extras - The Independent

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