| Angel Corcóstegui | ||||||
By this summer it was clear that BSCH, as it was then called, was ripe for a second round of integration. But internal tension was growing and by the time Programa Dos, the second stage of consolidation, was given the green light it was apparent that both sides were not unanimously behind it.
Banco Santander was clearly the stronger of the two brands and this imbalance was accentuated at the board level, where Emilio Botín, owner of 3% of Santander Central Hispano, had a majority of votes.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
