Banco Santander was established in 1875 in Spain and is the parent bank of Grupo Santander. At December 31, 2016, Banco Santander had a market capitalization of €72.3 billion, stockholders’ equity of €90.9 billion and total assets of €1,339.1 billion. Banco Santander is a financial group operating principally in Spain, the United Kingdom, other European countries, Brazil and other Latin American countries and the United States, offering a wide range of financial products. In Latin America, Banco Santander has majority shareholdings in banks in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Uruguay.
The Shearman & Sterling team was led by partners David Dixter (London-Capital Markets) and Stuart Fleischmann (New York-Capital Markets); counsels Jennifer Morton (New York-Financial Institutions Advisory & Financial Regulatory) and Jeffrey Tate (Washington, DC-Tax); associates Naveen Pogula, Hillary Bailey (both New York-Capital Markets), Elena Dzhurova, Oscar Lopez, Minkyu Park (all London-Capital Markets), Jenny Ding (New York-Financial Institutions Advisory & Financial Regulatory) and Kammy Lai (Washington, DC-Tax).