Spain

BEST BANK
Santander
– SCH and Banesto

BEST DEBT HOUSE
SG CIB

BEST EQUITY HOUSE
Santander

BEST M&A HOUSE
Morgan Stanley

Although BBVA continues to perform impressively at home and abroad it remains in the shadow of its larger rival Santander, which is again Euromoney’s choice for best bank in Spain.

At home, Santander – through its Santander Central Hispano and Banesto branch networks – has succeeded in maintaining its leadership position across all business lines. Its retail business has benefited from successful cross-selling of products from the group’s strong asset management and private banking divisions.