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Santander's Mexican sell-off

Santander's Mexican sell-off
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By Euronews
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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.

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