Has the Santander experiment been a success
Title, how is it going w/all the CS hires?
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Santander is going displace BofA soon
No
Its going nowhere. Santander is not brat, or even mid.
Bump
The Spanish Armada has arrived
Think it’s going to take more time I don’t think anyone expects them to top any league table in the near future (5 years) but if they can hold onto the CS talent then I’d guess they’d start gaining traction through their traditional strengths (debt/lending/renewables) combined with CS connections bleeding over to traditional IB functions (LevFin/Energy&Infra/Energy M&A/ECM). My guess is 2-3 years before meaningful indications of results.
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