Description
Book SynopsisIn 2004, Spain's Banco Santander purchased Britain's Abbey National Bank in a deal valued at fifteen billion dollars - an acquisition that made Santander one of the ten largest financial institutions in the world. This work reveals how strategic decisions made by the family drove Santander's unprecedented rise to global prominence.
Trade Review"[T]he Santander experience is worth reading about and Building a Global Bank offers an excellent opportunity to do so. In addition to archival materials and secondary sources, the authors draw extensively on myriad interviews with financial industry leaders, policymakers, and journalists. In doing so, they write for a general audience and offer an accessible and data-rich institutional history, complete with a detailed ... chronology of the bank's evolution and several citation-filled pages of endnotes."--Joseph M. Santos, EH.net "Guillen and Tschoegl provide an astute analysis of the management style and organizational structure of Santander, focusing on their strategy for internationalization."--Alan M. Rugman, Administrative Science Quarterly "Guillen and Tschoegl have written a well-researched case study."--Jose L. Garcfa-Ruiz, Bankhistorische
Table of ContentsPREFACE ix CHAPTER 1: Family-Led Banks in the Global Economy 1 CHAPTER 2: A Family Bank's Origins 18 CHAPTER 3: The Industrial Group 32 CHAPTER 4: Survival of the Biggest? 51 CHAPTER 5: The New World 73 CHAPTER 6: Alliances and Their Limits 111 CHAPTER 7: Back to Europe 131 CHAPTER 8: Managerial Style, Governance, Succession 155 CHAPTER 9: The Future of a Global Group 189 APPENDIX: A Chronology of Banco Santander 215 NOTES 233 BIBLIOGRAPHY 241 INDEX 255
