Santander : Feedback from virtual roadshow: interesting insights
>Outperform rating maintained – target price unchanged at € 4.2 - We organised a virtual roadshow with Santander’s Head of IR for clients in Dublin. Looking beyond the obvious questions around the crisis in Ukraine (reminder of the group’s virtually zero direct exposure to Russia/Ukraine), we would highlight a number of interesting insights on two key issues for the group, namely its possible interest in Citi’s Mexican operations and the situation in Brazil. At this s...Banco Santander is a holding company, providing a range of financial products. Co.'s products and services include: retail banking business that covers all customer banking businesses; wholesale banking business; as well as asset management and insurance business. Co.'s principal operations are in Spain, the U.K., Portugal, Germany, Italy and Latin America. As of Dec 31 2014, Co.'s total assets amounted to Euro1,266,296,000,000 and total customer deposits amounted to Euro647,627,000,000.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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