Banco Santander, principal subsidiary of Spanish group Santander was established in 1857.
It has its’ headquarters in Madrid, Spain and is currently headed by Jose Alvarez and employs 185405 employees.Banco Santander provides services to companies, individuals and institutions and operates in Retail banking, Global wholesale banking and asset management and insurance segments. Retail banking include services meets the customer banking needs and provides a wide range of solutions for car dealers, consumers and retailers. The services include car finance, credit cards, personal loans, durables finance and leasing help. Private banking service is also provided wherein private bankers help customers meet investment objectives. The global wholesale segment helps in corporate banking, investment banking and is involved in worldwide markets including all treasuries (both trading and distribution to customers) and equities. The third unit designs and manages pension, investment fund and insurance businesses.