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...expansion. Inciarte says Santander will give Sovereign the same treatment it gave the U.K.'s Abbey National bank, an ailing mortgage provider it bought for $11.2 billion in stock in 2004. It was Santander's first foray into Anglo-Saxon territory, and it met contemptuous resistance to Botín's "Spanish paper," in the words of one shareholder...
...ongoing parlor game in Madrid now is betting who's going to succeed Emilio Botín whenever he decides to step down. Santander was founded in 1857; a Botín has run it since 1920. Current chief executive Alfredo Saenz came to the bank when it bought Banesto in 1994, bringing the Parthenon operating platform with him. He's very smart and at most other banks he'd be a shoo-in. But Botín is a dynastic kind of guy, and his daughter Ana Patricia, 49, currently heads Banesto, which is still run as a separate...
...anyone handicapping this one, Santander City might supply another clue. There among the modern brick buildings are rows of olive trees Botín had brought in, their trunks gnarled and twisted. You won't find one under 1,000 years old. Tradition still counts for a lot here...
...Staff writer William N. White can be reached at wwhite@fas.harvard.edu...
...part of their campaign to lead the Undergraduate Council, President Johnny F. Bowman ’11 and Vice President Eric N. Hysen ’11 proposed the development of a Web site akin to Craigslist for Harvard students. Hysen said that the pair had originally considered building their own site, but after learning about Konda and Hsieh’s creation, the UC leaders decided they did not want to “mis-replicate something that was already being done well...