US business open to nearshoring in Mexico and further South
The United States and Mexico are benefiting from the relocation of businesses, as part of the nearshoring revolution, but Christiana Riley, Regional Head of North America, believes the economic benefits can boost many countries across Latin America.
Santander drives growth in South America based on the Group's strengths
With more than 76 million customers, Santander has established itself as the leading bank in the region with initiatives that leverage our operating model and global technology capabilities, according to Carlos Rey, regional head of South America.
Mexico’s SMEs set for a rich harvest from nearshoring revolution in agriculture
Mexico is already the United States’ largest trading partner but a greater emphasis by SMEs on exporting agricultural products would generate even wider economic benefits.
Retail & Commercial Banking, Santander’s global retail and commercial business.
This global business comprises our retail (individuals) and commercial (SMEs and large corporates) operations.
Digital Consumer Bank, the global consumer and auto finance business and Openbank
This global business comprises Santander Consumer Finance and Openbank.
Corporate & Investment Banking, Santander’s global wholesale banking business
This global business provides corporate and institutional clients with customized solutions and high added value wholesale products.
Wealth Management & Insurance, Santander’s global private banking, asset management and insurance business
This global business comprises Santander Private Banking, Santander Asset Management and Santander Insurance.
Payments, Santander’s global payments business
This global business encompasses PagoNxt, which brings together our most innovative payments businesses, and Cards.
Nearshoring pivotal to Mexico’s future
Mexico seeks to strengthen its position as main trading partner of the US.
Unicorns, shale and lithium: Argentina’s potent mix
Argentina is brimming with natural resources and tech talent.
New payment technologies accelerate banking and credit markets growth in Brazil
Structural reforms and stronger institutions powering Brazil forward.
Chilean exports to drive global energy transition
Commodities, renewable energy and green hydrogen will power exports.
Argentina’s economic reforms under scrutiny
Tackling inflation which soared to 211% last year is top priority in 2024.
Strong harvest and action on inflation will support the Brazilian economy
Brazil will experience a mild economic slowdown in 2024, but monetary policy is likely to revitalise credit and capital markets.
Chile’s fast action on inflation expected to spur growth
Chile is heading for monetary policy normalization in 2024.
Mexico sets course for growth despite economic headwinds
GDP growth in 2024 should be better than the average for the past 30 years, boosted by falling inflation and interest rates.
Economic cycle in Latin America marked by fast-acting central banks
The global economy has lately been typified by high volatility, with supply shocks and growing geopolitical risks.
Latin America's macroeconomic outlook in an unusual global environment
At Grupo Santander, Latin America is in our DNA and today we are the leading bank in the region, where we landed 75 years ago.