Please read the article Banco Santander's Emilio Botín takes on the world, which is posted in week 6. You can review additional information from business journals as Businessweek, Fortune, Forbes, CNN Money, McKinsey Harvard Business review or other credible source from internet.
Please prepare a document where you answer the following questions:
1. Botin’s strategy was to acquire large foreign banks which have some sort of financial straits, some of these banks are located in developing countries in South America. Will this risk spreading create value for shareholders? Under what circumstances could these acquisitions create benefits for shareholders?
2. Should Banco Santander increase its presence in the U.S. market? Why or why not?
3. Assume that Banco Santander decides to increase its presence in the U.S. market. How should it do so?
4. What do you think are the key success factors for the international diversification of Banco Santander?
5. Analyze the internal governance mechanism of ownership concentration in Banco Santander.
Format:
Times new roman, size 12, line spacing 1.5. No more than 3000 words, excluding references and cover page. APA style.
Turnitin
Your papers will be reviewed using Turnitin, so please don’t use any information without include the citation. You are not allowed to copy part of your own papers from other past courses, which is considered as self-plagiarism.
This Case is Due on Sunday at midnight of Week 8