"Banco Santander, S.A., working as Santander Group, is a Spanish multinational business financial institution and economic solutions firm based in Madrid and also Santander in Spain. In addition, Santander keeps a visibility in all international monetary centres as the 16th-largest financial institution on the planet. Although understood for its European financial operations, it has actually extended procedures throughout North and also South America, as well as extra lately in continental Asia.

Numerous subsidiaries, such as Abbey National, have been rebranded under the Santander name. The firm is a component of the Euro Stoxx 50 stock market index. In May 2016, Santander was rated as 37th in the Forbes Global 2000 listing of the globe's biggest public firms. Santander is Spain's largest financial institution.

As of 2017, Santander is the 5th biggest financial institution in Europe with approximately US$ 1.4 trillion in complete assets-under-management (AUM). [3] Traded on the Euro Stoxx 50 stock market index, the financial institution has an overall market capitalization of $69.9 billion."