This content is not available in your region

Santander's Mexican sell-off

Access to the comments Comments
By Euronews
Santander's Mexican sell-off

Banco Santander raised $4 billion when it listed shares of its Mexican subsidiary in New York and Mexico on Wednesday.

The Spanish bank will use the money to raise its core-capital ratio to above the minimum level required for European banks, in the Basel 3 agreements.

To find out how shareholders reacted watch our Behind Markets report.