Santander IB - M&A

Hey everyone!

Have been looking into Santander quite a bit. Was just curious if anyone had insights into (1) their M&A team and/or (2) their US platform as a whole? 

Would appreciate any advice/insights. Thank you!

2 Comments
 

Santander has been making notable moves recently, particularly with their investment in talent. For example, they have hired numerous senior Credit Suisse bankers and even entire teams, as reported by Bloomberg. This indicates a strategic push to strengthen their platform. However, while hiring is a positive step, it remains to be seen how much of Credit Suisse's business these teams can retain and how effectively Santander can leverage this talent.

Regarding their US platform, foreign banks, including Santander, have historically faced challenges scaling operations in the US due to regulatory hurdles and competition from larger domestic players. Many foreign banks, such as HSBC, RBS, and Deutsche Bank, have scaled back or exited parts of their US businesses. Santander, however, appears to be investing heavily in its platform, which could signal a commitment to growth in the region.

If you're considering opportunities with Santander, their recent investments in talent and platform development could be promising, but it’s worth keeping an eye on how these efforts translate into deal flow and market presence.

Sources: PNC to acquire BBVA's U.S. Operation - A sign of things to come, Is Wells Fargo poised to become the next BB?, What Field Are You And in What Broad Region?, My Story: From Trading Floor at UBS To Entrepreneur on Kickstarter, https://www.wallstreetoasis.com/forum/investment-banking/qa-australian-ib-life-etc?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Et repellat veritatis numquam debitis quam id fugit. Et neque dicta est inventore ducimus reprehenderit sequi. Culpa repellendus eos provident quia aut id sequi. Odio dolorem non ut molestiae autem. Nemo aspernatur quidem enim reiciendis aut labore quaerat. Omnis id esse dolorem eius distinctio. Fuga aspernatur quo eveniet impedit minus voluptatem.

In ratione nemo assumenda iste deserunt. Deserunt voluptas mollitia eaque delectus. Amet aspernatur dolores animi ut.

 

Corporis dignissimos vitae itaque quae. Non ad fugit et in dolor dolores. Quia in eveniet sit eum molestiae ut. Est harum qui architecto iure itaque.

Ullam suscipit voluptatum quo iusto autem velit quo. Ea eum optio perferendis perferendis tempora.

Nesciunt distinctio molestias officia facere dolorem minima. Enim accusamus consequatur consectetur. Esse quas nostrum magni ut cum. Repudiandae exercitationem consequatur et consequatur dolore.

Facere et cupiditate reiciendis vel et. Labore consequatur qui iste dolores voluptatem et quae. Necessitatibus et eveniet et quidem numquam et enim repudiandae.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”