Santander Private Banking’s structured products business across Latin America has been built on a consistent premise: that sophisticated clients in the region need access to instruments that go well beyond conventional fixed income and equity allocations, and that the bank’s international architecture gives it a structural advantage in delivering them.
The results of that approach are visible in the revenue trajectory of the structured products business, which the bank describes as achieving exceptional performance over the review period, with strong momentum across its international platforms.
The structured products business is one of the clearest illustrations of how Santander’s cross-border model works in practice – the group’s classification as Spanish, for instance, allows it to price local credit-linked notes as a non-correlated player, generating spreads above equivalent bonds that other Brazil-based competitors cannot replicate.
The Latin American offering spans discretionary and advisory mandates, structured credit, equity and derivatives, and private...
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